STATE OF NEW MEXICO OFFICE OF THE ATTORNEY GENERAL
HECTOR H. BALDERAS ATTORNEY GENERAL
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shall be converted into a corporation by the secretary of state upon the filing of articles of organization by the nonprofit corporation, which shall be approved pursuant to an agreement of conversion in the manner provided for the conversion of a limited liability company in Section 53-19-60.1 NMSA 1978.
The Nonprofit Corporation Act Does Not Permit Nonprofit Corporations to Convert to Profit Corporations or LLCs.
See TOLL FREE 1-844-255-9210 TELEPHONE: (505)490-4060 FAX: (505)490-4883 www.nmag.gov MAILING ADDRESS: P.O. DRAWER 1508 - SANTA FE, NEW MEXICO 87504-1508 STREET ADDRESS: 408 GALISTEO STREET - SANTA FE, NEW MEXICO 87501
expressio unius est exclusio alterius
City of Albuquerque v. New Mexico Pub. Regulation Comm'n City of Santa Rosa v. Jaramillo Id.
expressio unius est exclusio alterius
The Conversion Statutes at NMSA 1978, Sections 53-19-59 to 61 Do Not Apply to Permit the Conversion of Nonprofit Corporations to Profit Corporations or LLCs.
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TOLL FREE 1-844-255-9210 TELEPHONE: (505)490-4060 FAX: (505)490-4883 www.nmag.gov MAILING ADDRESS: P.O. DRAWER 1508 - SANTA FE, NEW MEXICO 87504-1508 STREET ADDRESS: 408 GALISTEO STREET - SANTA FE, NEW MEXICO 87501
The Secretary of State Cannot Convert Nonprofit Medical Cannabis Producers to Profit Corporations or LLCs Under New Mexico Law.
See Qwest Corp. v. NMPRC
TOLL FREE 1-844-255-9210 TELEPHONE: (505)490-4060 FAX: (505)490-4883 www.nmag.gov MAILING ADDRESS: P.O. DRAWER 1508 - SANTA FE, NEW MEXICO 87504-1508 STREET ADDRESS: 408 GALISTEO STREET - SANTA FE, NEW MEXICO 87501