N.M. Stat. § 53-6-3
Definitions.
As used in this act [53-6-1 to 53-6-13 NMSA 1978]:
A. "professional service" means any type of personal service to the public which
requires, as a condition precedent to the rendering of such service, the obtaining of a
license or other legal authorization and which, prior to the passage of the Professional
Corporation Act and by reason of law, could not be performed by a corporation. The
term includes, but is not necessarily limited to, the personal services rendered by
certified public accountants, registered public accountants, chiropractors, optometrists,
dentists, osteopaths, podiatrists, architects, veterinarians, doctors of medicine, doctors
of dentistry, physicians and surgeons, attorneys-at-law and life insurance agents; and
B. "professional corporation" means a corporation which is organized under the
Professional Corporation Act for the sole and specific purpose of rendering professional
service and which has as its shareholders only individuals who themselves are licensed
or otherwise legally authorized within this state to render the same professional service
as the corporation.