New Mexico § 63-1-9 - Bylaws; adoption
Full text of New Mexico New Mexico Statutes Annotated § 63-1-9 — Bylaws; adoption, with citation guidance and answers to common questions.
§ 63-1-9. Bylaws; adoption
Every corporation formed under this chapter must, within three months after filing
articles of incorporation, adopt a code of bylaws for its government, not inconsistent
with the laws of this state. Bylaws may be adopted by stockholders representing a majority of all the subscribed
capital stock, at a meeting of stockholders called for that purpose by order of the
acting president, served upon them personally in writing, or by advertisement in some
newspaper published in the county in which the principal place of business of the
corporation is located, if there be one published therein, but if not, then in some
paper published in some adjoining county. The time specified in said order for such meeting shall not be less than two weeks
from the date thereof: provided, that the written assent of the holders of two-thirds
of the subscribed capital stock shall be effectual to adopt a code of bylaws without
a meeting of the stockholders for that purpose.
Frequently Asked Questions About New Mexico § 63-1-9
What does New Mexico Statutes Annotated § 63-1-9 cover?
Section 63-1-9 ("Bylaws; adoption") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 63-1-9?
A common citation format is "New Mexico Statutes Annotated § 63-1-9" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 63-1-9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.