New Mexico § 63-1-31 - Call for stockholders' meeting when authority is lacking; warrant of magistrate
Full text of New Mexico New Mexico Statutes Annotated § 63-1-31 — Call for stockholders' meeting when authority is lacking; warrant of magistrate, with citation guidance and answers to common questions.
§ 63-1-31. Call for stockholders' meeting when authority is lacking; warrant of magistrate
Whenever, from any cause, there is no person authorized to call or preside at a meeting
of the stockholders, any justice of the peace [magistrate] of the county where the
principal place of business of the corporation is established, may, on written application
of three or more of the stockholders, issue a warrant to one of the stockholders directing
him to call a meeting of the stockholders, by giving the notice required in other
cases; and said justice [magistrate] may in the same warrant direct such stockholder
to preside at such meeting until a clerk is chosen and qualified, if there is no other
officer present legally authorized to preside thereat.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 63-1-31
What does New Mexico Statutes Annotated § 63-1-31 cover?
Section 63-1-31 ("Call for stockholders' meeting when authority is lacking; warrant of magistrate") 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 § 63-1-31?
A common citation format is "New Mexico Statutes Annotated § 63-1-31" (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 § 63-1-31 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.