Statutes > New Mexico Statutes > Chapter 53 - Corporations. > Article 16 - Business Corporations; Dissolution of Corporations, 53-16-1 through 53-16-24. > Section 53-16-10 - Effect of statement of revocation of voluntary dissolution proceedings.

Section 53-16-10 - Effect of statement of revocation of voluntary dissolution proceedings.

53-16-10. Effect of statement of revocation of voluntary dissolution proceedings.

Upon the filing by the commission of a statement of revocation of voluntary dissolution proceedings, whether by consent of shareholders or by act of the corporation, the revocation of the voluntary dissolution proceedings shall become effective and the corporation may again carry on its business.