State Codes and Statutes
Statutes > New-mexico > Chapter-53 > Article-19 > Section-53-19-653-19-6. 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.