N.M. Stat. § 53-8-45
Merger or consolidation of domestic and foreign
corporations.
A. One or more foreign corporations and one or more domestic corporations may be
merged or consolidated in the following manner, if such merger or consolidation is
permitted by the laws of the state under which each foreign corporation is organized:
(1)
each domestic corporation shall comply with the provisions of the
Nonprofit Corporation Act with respect to the merger or consolidation, of domestic
corporations, and each foreign corporation shall comply with the applicable provisions of
the laws of the state under which it is organized; and
(2)
if the surviving or new corporation is to be governed by the laws of any
state other than New Mexico it shall comply with the provisions of the Nonprofit
Corporation Act with respect to foreign corporations if it is to conduct affairs in New
Mexico, and in every case it shall file with the corporation commission [secretary of
state] of New Mexico:
(a) an agreement that it may be served with process in New Mexico in any
proceeding for the enforcement of any obligation of any domestic corporation which is a
party to such merger or consolidation; and
(b) an irrevocable appointment of the secretary of state of New Mexico as its
agent to accept service of process in any such proceeding.
B. The effect of such merger or consolidation shall be the same as in the case of
the merger or consolidation of domestic corporations, if the surviving or new corporation
is to be governed by the laws of New Mexico. If the surviving or new corporation is to be
governed by laws of any state other than New Mexico, the effect of the merger or
consolidation shall be the same as in the case of the merger or consolidation of
domestic corporations except in so far as the laws of the other state provide otherwise.
C. After approval by the members or, if there are no members entitled to vote
thereon, by the board of directors, and at any time prior to the filing of the articles of
merger or consolidation, the merger or consolidation may be abandoned pursuant to
provisions therefor, if any, set forth in the plan of merger or consolidation.