N.M. Stat. § 53-4-13

One member - one vote.

Last amended: 1939Year: 2026Length: 68 wordsOfficial source
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.
N.M. Stat. § 53-4-13: One member - one vote. | Justis AI