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Section 63-1-16 - [Meetings of directors; call; notice.]

NM Stat § 63-1-16 (2019) (N/A)
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When no provision is made in the bylaws for regular meetings of the directors and the mode of calling special meetings, all meetings of the directors must be called by special notice in writing, to be given to each director by the secretary, on the order of the president, or if there be no president, on the order of any two directors. Such orders and notice shall be recorded in the journal of the proceedings of the board of directors.

History: Laws 1878, ch. 1, ch. [tit.] 3, § 16; C.L. 1884, § 2648; C.L. 1897, § 3830; Code 1915, § 4688; C.S. 1929, § 116-136; 1941 Comp., § 74-116; 1953 Comp., § 69-1-16.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Cross references. — For content of bylaws, see 63-1-10 NMSA 1978.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 18B Am. Jur. 2d Corporations §§ 1452-1455, 1464, 1465, 1479.

19 C.J.S. Corporations §§ 294, 297, 298, 300, 301.

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Section 63-1-16 - [Meetings of directors; call; notice.]