State Codes and Statutes

Statutes > New-mexico > Chapter-53 > Article-4 > Section-53-4-24

53-4-24. Subscribers.

Any natural person or group eligible for membership and legally obligated to purchase a share or shares of, or membership in, an association shall be deemed a subscriber; the articles or by-laws [bylaws] may determine whether, and the conditions under which, any rights of membership shall be granted to subscribers.

State Codes and Statutes

Statutes > New-mexico > Chapter-53 > Article-4 > Section-53-4-24

53-4-24. Subscribers.

Any natural person or group eligible for membership and legally obligated to purchase a share or shares of, or membership in, an association shall be deemed a subscriber; the articles or by-laws [bylaws] may determine whether, and the conditions under which, any rights of membership shall be granted to subscribers.