Statutes, codes, and regulations
New Mexico Statutes 1978
Chapter 63 - RAILROADS AND COMMUNICATIONS
Article 1 - ORGANIZATION AND MANAGEMENT OF RAILROADS
Section 63-1-5 - Affidavit stating amount of stock subscribed and amount paid

N.M. Stat. § 63-1-5

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Current through 2024, ch. 69
Section 63-1-5 - Affidavit stating amount of stock subscribed and amount paid

There must be securely attached to said articles of incorporation, an affidavit of the treasurer named therein, that the requisite amount of the capital stock of the intended corporation has been actually subscribed, and that ten percent thereof has been actually paid to him for the benefit of said corporation, stating the amount of stock subscribed, and the amount actually paid in.

NMS § 63-1-5

Laws 1878, ch. 1, ch. [tit.] 1, § 5; C.L. 1884, § 2626; C.L. 1897, § 3808; Code 1915, § 4657; C.S. 1929, § 116-105; 1941 Comp., § 74-105; 1953 Comp., § 69-1-5.