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Form a Business

Nature and duration of business

NMSA 1978, § 53-19-6
in effect
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53-19-6. Nature and duration of business A limited liability company may conduct or promote any lawful business or purpose. If the purpose for which a limited liability company is organized makes it subject to provisions of other laws, the limited liability company shall also be subject to such provisions. The duration of existence of a limited liability company may be perpetual or may be limited to a definite term or until completion of a particular undertaking. Laws 1993, ch. 280, § 6.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18556/index.do#!b/53-19-6Fetched: 10/20/2026

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