Statutes > New Mexico Statutes > Chapter 63 - Railroads and Communications. > Article 1 - Organization and Management of Railroads, 63-1-1 through 63-1-42. > Section 63-1-21 - Transfer of shares sold for assessment.

Section 63-1-21 - Transfer of shares sold for assessment.

63-1-21. [Transfer of shares sold for assessment.]

All shares sold for assessments, as provided in Section 63-1-19 NMSA 1978 shall be transferred to the purchaser on the transfer book of the corporation on payment of the assessment and costs.