N.M. Stat. § 63-1-39
[Corporate records; debts of corporation; minutes of all
meetings; list of stockholders; stock transfer book.]
The directors must cause a book to be kept by the secretary to be called, record of
corporation debts, in which the secretary shall record all written contracts of the
directors, and a succinct statement of the debts of the corporation, the amount thereof
and to whom contracted, which book shall at all times be open to inspection by any
stockholder or other party in interest. When any contract or debt shall be paid or
discharged, the secretary shall make a memorandum thereof in the margin, or in some
other convenient place in the record where the same is recorded. They must also cause
a complete record to be kept by the secretary, of the proceedings of all meetings of the
board of directors and of the stockholders, in a book provided specially for that purpose.
Such record must show the name of each director present at the opening of each
meeting of the board and at what stage of the proceedings any director not present at
the opening appeared, and also at what stage of the proceedings any director may
absent himself on leave or otherwise. The record must also show the name of each
director voting against any proposition, whenever any director may require the same to
be placed upon the record. Prior to the adjournment of each meeting of the board or of
the stockholders, as the case may be, the record of the proceedings of such meeting
must be read and approved. The directors must also cause such other books to [be]
kept by the secretary as may be deemed necessary, or prescribed by the directors, in
which all the business transactions of the corporation must be plainly and accurately
entered and kept; also a book to be labeled, book of stockholders, which shall contain
the names of all persons alphabetically arranged, who are, or shall have been,
stockholders of the corporation, showing their places of residence, if known, the number
of shares of stock held by them respectively, the time when they, respectively, became
the owners of such shares, the amount of cash actually paid to the company by them
respectively for their stock and also the time when they may have ceased to be
stockholders. Said book of stockholders, during the office hours of the secretary, shall
be open to the inspection of stockholders and creditors of the corporation and their
personal representatives. The directors must also cause to be kept by the secretary a
book to be labeled, transfer book, in which all transfers of stock must be entered. Said
transfer book, shall be received in all courts and places as prima facie evidence of the
facts therein stated.