NMSA 1978, § 7-1-80 — Dissolution or withdrawal of corporation

The secretary of state shall not issue any certificate of dissolution to any taxpayer or
allow any corporate taxpayer to withdraw from the state until:

# A.

the taxpayer files with the secretary of state a certificate signed by the secretary
of taxation and revenue or the secretary of taxation and revenue's delegate stating that
as of a certain date the taxpayer is not liable for any tax and containing a statement
verified by a responsible official of the corporation to the effect that the taxpayer has not
engaged in business after the date above specified. If the taxpayer has so engaged in
business, any certificate of dissolution or withdrawal shall be of no effect and all
liabilities of the corporation shall continue as if no certificate had been granted;

# B.

a successor, acceptable to the secretary of taxation and revenue or the
secretary's delegate, to any corporation requesting dissolution or withdrawal enters into
a binding agreement by provision of which the successor assumes full liability for
payment of all taxes due or expected to become due from the corporation and
certification thereof is given by the secretary of taxation and revenue or the secretary's
delegate; or

# C.

satisfactory security for payment of the taxes due or expected to become due
from the corporation is furnished in accordance with the provisions of Section 7-1-54
NMSA 1978 and certification thereof is given by the secretary of taxation and revenue
or the secretary's delegate.