New Mexico Sample Letter for Articles of Incorporation and draft Minutes and Bylaws

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Sample Letter for Articles of Incorporation and draft Minutes and Bylaws

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FAQ

The Articles of Incorporation are like the constitution of the corporation that provides a broad framework for its establishment, whereas the bylaws can be likened to the individual laws that must be consistent with the Articles of Incorporation.

Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of shares, and the process of electing a board of directors.

Copies of business formation documents are available online. To obtain copies of business formation documents access the New Mexico Secretary of State website by selecting the CORPORATIONS AND BUSINESS SERVICES link. If you have not created an account, select Create User Account.

The articles should include: The corporation's name, location, and purpose. The number of shares the corporation is authorized to issue. The registered agent's name and registered office's address. Each incorporator's name and address. The names of each initial director. The corporation's purpose and primary activities.

New Mexico LLC Formation Filing Fee: $50 The fee to file your New Mexico LLC's Articles of Organization is $50. You must file with the New Mexico Secretary of State through the online Business Services Division portal.

Obtaining a Copy of Your Articles of Organization This is done through a business entity search. To find your state's entity search page, visit our list of Secretary of State Business Entity Search Links. Once you click your state's link, enter your company name and entity type to find the document.

NM Stat § 53-8-12 states that ?the initial bylaws of a corporation shall be adopted by its board of directors.? In legal terms, the word ?shall? means ?must,? so adopting bylaws is legally required in New Mexico.

Any person or business entity in New Mexico can be a registered agent. The only necessary requirements are that they have a physical address in New Mexico and that they understand that their personal information will be made public once the business is formed.

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New Mexico Sample Letter for Articles of Incorporation and draft Minutes and Bylaws