Section 53-8-65 - Powers of foreign corporation.
53-8-65. Powers of foreign corporation.
A foreign corporation which has received a certificate of authority under the Nonprofit Corporation Act [Chapter 53, Article 8 NMSA 1978] shall, until a certificate of revocation or of withdrawal has been issued as provided in that act, enjoy the same, but no greater, rights and privileges as a domestic corporation organized for the purposes set forth in the application pursuant to which the certificate of authorization is issued; and, except as otherwise provided in the Nonprofit Corporation Act, shall be subject to the same duties, restrictions, penalties and liabilities now or hereafter imposed upon a domestic corporation of like character.