N.M. Stat. § 62-2-11

[Increase or decrease of capital stock.]

Last amended: 1887Year: 2026Length: 52 wordsOfficial source
The capital stock of any such corporation may be increased or diminished at any meeting of the stockholders, but may only be done by a two-thirds vote of all the shares of stock, but in no case shall the capital stock be reduced below the outstanding indebtedness and liabilities of the corporation.
N.M. Stat. § 62-2-11: [Increase or decrease of capital stock.] | Justis AI