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New Mexico · Through 2025-06-20

53-4-13: One member - one vote.

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Where this section sits in the code
  1. Chapter 53 - Corporations
  2. ARTICLE 4 Cooperative Associations

Each member of an association shall have one and only one vote, except that, where an association has, as members, other associations, or groups organized on a cooperative basis, the voting rights of such member associations or groups may be prescribed in the article or by-laws [bylaws].

No voting agreement or other device to evade the one member-one vote rule shall be enforceable at law or in equity.

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

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