- Incorporators must file the
Articles
of Incorporation, along with the required
processing fees, with the
New
Mexico Regulation Commission. Once the filing is
officially approved, the business begins its
existence, as a separate legal entity.
-
First,
choose the name of your corporation. The name
must be clearly different from the name of
another business. So, at no extra charge,
Proactive Management will
perform three name searches to determine if your
desired name(s) are available.
-
This
name must also include one of the following
phrases "corporation," "company,"
"incorporated," or "limited" or shall contain an
abbreviation of these words
-
The name must not contain
any word or phrase which indicates or implies that it is
organized for any purpose other than one or more of the
purposes contained in its Articles of Incorporation
- The
Articles
of Incorporation will address:
- Name
and address of each incorporator,
and the signature of at least one
incorporator
-
Street address of the
registered
office and the name of the
registered
agent at such office, and a signed acceptance of
appointment by such registered agent. The
registered office can be the same as the
corporation's place of business and the
registered agent can be an officer/owner of
the corporation.
- The
total number of aggregate of
authorized
shares the
company is authorized to issue, the number of shares in
each class if the shares are divided into classes
- A
statement of the preferences, qualifications,
limitations, restrictions, and the special or
relative rights including preemptive rights,
if any, with respect to the shares of each
class
- The
duration of the company is perpetual unless otherwise
specified in the Articles
-
Under the Business
Corporations Act, corporations can be formed for any
lawful purpose or purposes except banking, insurance,
credit unions, savings and loan associations, railroads,
and some waterworks
-
Directors:
The name and addresses of those who consent to serve
until the first annual meeting of shareholders or until
their successors are elected and qualify. The number of directors shall be fixed by, or in the
manner provided in, the articles of incorporation or the
bylaws.
If the number of directors is not fixed by, or in the
manner provided in, the bylaws or the articles of
incorporation, the number shall be the same as the
number of directors constituting the initial board of
directors. The names and addresses of the members of the
first board of directors shall be stated in the articles
of incorporation.
- State
incorporation fees vary based on the aggregate number of authorized
shares
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