{"data":{"id":"us-nm/53-17-16","jurisdiction":"us-nm","citation":"53-17-16","heading":"Filing of application for withdrawal.","body":"A. An original of an application for withdrawal together with a copy, which may be signed, photocopied or conformed, shall be delivered to the commission [secretary of state]. If the commission [secretary of state] finds that the application conforms to the provisions of the Business Corporation Act and that the corporation has complied with the Tax Administration Act [Chapter 7, Article 1 NMSA 1978] and has paid all contributions required by the Unemployment Compensation Law [Chapter 51 NMSA 1978], it shall, when all fees have been paid:\n(1) endorse on the original and copy the word \"filed\" and the month, day and year of the filing;\n(2) file the original in its office; and\n(3) issue a certificate of withdrawal to which it shall affix the file-stamped copy.\nB. The certificate of withdrawal, together with the file-stamped copy of the application for withdrawal affixed to it, shall be returned by the commission [secretary of state] to the corporation or its representative. Upon the issuance of the certificate of withdrawal, the authority of the corporation to transact business in this state shall cease.","path":["Chapter 53 - Corporations","ARTICLE 17 Business Corporations; Foreign Corporations"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18556/index.do","current_through":"2025-06-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"4e5514c6e6ef22e16d69793c5d7393625a22456ee8982b57babbae93869c3d10","source_id":"us-nm","stale":false,"prev":"us-nm/53-17-15","next":"us-nm/53-17-17"},"notice":"GroundRules: Original legal text. Not legal advice."}