New Mexico §53-8-18

Number and election of directors

Statute:
New Mexico §53-8-18 · Article NP (New Mexico Nonprofit Corporation Act (NMSA Chapter 53 Article 8))
Topic:
Governance · Board size, terms, removal
Applies to:
Nonprofit associations

At least three directors. Number is fixed in or determined under the articles or bylaws. Decreasing the number does not shorten an incumbent's term. Default term is one year if the documents are silent. Directors may be classified with staggered terms. A director is removed pursuant to whatever procedure the articles or bylaws provide — this Act does not set a single default removal rule. The HOA Act's two-thirds removal path in §47-16-8.1 and the condo two-thirds path in §47-7C-3 overlay this when those Acts apply.

three directors; one year default; removal; articles or bylaws

📄 Read the official text at nmonesource.com →

How SoShiny helps with Number and election of directors

SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.

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Frequently asked

What does New Mexico §53-8-18 require?
At least three directors. Number is fixed in or determined under the articles or bylaws. Decreasing the number does not shorten an incumbent's term.
Who does New Mexico §53-8-18 apply to?
New Mexico §53-8-18 applies to Nonprofit associations in New Mexico.
What happens if our nonprofit corporation doesn't comply with §53-8-18?
Non-compliance can expose the association and individual directors to disputes in the governing forum for New Mexico community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
Where can I read the official text of New Mexico §53-8-18?
The official text is published by the New Mexico Legislature at nmonesource.com. The summary on this page is for plain-English reference only and is not legal advice.
How does SoShiny help with Number and election of directors?
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →

Not legal advice. This page is a plain-English summary of New Mexico §53-8-18 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a New Mexico-licensed attorney. For the official statutory text, see the link above.

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