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New Mexico · Through 2025-06-20

53-18-6: Greater voting requirements.

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Where this section sits in the code
  1. Chapter 53 - Corporations
  2. ARTICLE 18 Business Corporations; Miscellaneous Provisions

Whenever a section of the Business Corporation Act specifies the vote of the holders of a certain proportion of the shares, or of any class or series thereof, for the taking of any action by the shareholders of a corporation, the articles of incorporation may require a greater proportion. An amendment to the articles of incorporation which adds, changes or deletes a provision for a greater proportion must be adopted by the same vote as would be required to take action under the provision to be adopted or then in effect, whichever is greater.

Collected 2026-09-03T15:02:20Z. Source file · JSON

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