GroundRules
← Search the law
New Mexico · Through 2025-06-20

53-8-62: Deposits with state treasurer.

Read at publisher ↗
Where this section sits in the code
  1. Chapter 53 - Corporations
  2. ARTICLE 8 Nonprofit Corporations

Upon the voluntary or involuntary dissolution of a corporation, the portion of the assets distributable to any person who is unknown or cannot be found, or who is under disability and there is no person legally competent to receive the distributive portion, shall be reduced to cash and deposited with the state treasurer and shall be paid over to such person or to his legal representative upon proof satisfactory to the state treasurer of his right thereto.

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

Browse this collection