{"data":{"id":"us-nm/62-15-33","jurisdiction":"us-nm","citation":"62-15-33","heading":"Conversion of corporations organized under Laws 1937, Chapter 100, into cooperatives under the Rural Electric Cooperative Act, as amended.","body":"A corporation created under Laws 1937, Chapter 100 shall be converted into a cooperative authorized to do business and entitled to all privileges and immunities of a cooperative under the Rural Electric Cooperative Act, as amended, being Laws 1939, Chapter 47, as amended, upon the adoption of a resolution to such effect by its board of directors.","path":["Chapter 62 - Electric, Gas and Water Utilities","ARTICLE 15 Rural Electric Cooperatives"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18565/index.do","current_through":"2026-05-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"e0cca944a3b717f504f2f87b0f67c8cb99d948974113c2d2b83c57835f8df778","source_id":"us-nm","stale":false,"prev":"us-nm/62-15-32","next":"us-nm/62-15-34"},"notice":"GroundRules: Original legal text. Not legal advice."}