Instructions For Completing Form Fpr/f-Stmnt Page 2

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such authority, but the failure to obtain a Certificate of Authority does not impair the validity of any contract or
act of the corporation, and does not prevent the corporation from defending any action, suit or proceeding in any
court of this state. A foreign corporation transacting business in this state without a Certificate of Authority is
liable to this state, for the years or parts thereof during which such business was transacted, an amount equal to
all fees and franchise taxes which would have been imposed upon the corporation had it applied for and
received a Certificate of Authority and thereafter filed all reports required, plus all penalties for failure to pay
the fees and franchise taxes, plus a civil penalty of two hundred dollars ($200) for each offense. If you are
unable to make a determination based upon the foregoing criteria, you will need to consult with your own
attorney or certified public accountant. The Public Regulation Commission cannot provide legal advice
concerning a corporation’s need to qualify to transact business in New Mexico.
FILING OF APPLICATION FOR CERTIFICATE OF AUTHORITY: The applying corporation shall file with
the commission: (1) the signed original of the application for Certificate of Authority, together with a
duplicate copy which may be either signed or photocopied; (2) a statement executed by the registered agent
acknowledging acceptance of that appointment (a foreign corporation authorized to conduct business in New
Mexico shall have and continuously maintain a physical registered office address and a registered agent for
service of process at that address); (3) a certificate of good standing / existence, issued by the appropriate
official custodian of corporate records for the state or country where the corporation originally incorporated
(certificate must be original or electronically issued; certificate must be current within thirty days, or has not
expired, upon submission to the commission); and (4) filing fee. If the commission determines that the
documents delivered for filing conform with the provisions of the Business Corporation Act, it shall, when all
required filing fees have been paid, retain the signed original in the files of the commission and return the
duplicate together with a Certificate of Authority.
EXECUTION OF DOCUMENTS: The application for Certificate of Authority shall be executed (signed) by an
authorized officer of the applying corporation. The statement of acceptance of appointment of the registered
agent shall be executed by the person designated in the application as registered agent, if the agent is an
individual, or, if the designated registered agent is a corporation, by an authorized officer of that corporation.
NOTE: Please refer to Sections 53-17-1 to 53-17-21 of the New Mexico Business Corporation Act for the
complete statutes governing a foreign business corporation in New Mexico. A copy of the statutes can be
obtained from this office at your request. The Corporations Bureau can only act in an administrative capacity.
We cannot offer you legal advice or opinion on your particular filing. We recommend that you consult with
your own attorney and accountant during the process of qualification as a foreign corporation.
INCLUDED IN THIS PACKET ARE INSTRUCTIONS FOR COMPLETING OUR FORMS. PLEASE
FOLLOW THESE INSTRUCTIONS CAREFULLY.
Please visit our website at:
DOCUMENTS MUST BE TYPED OR PRINTED LEGIBLY
Instructions For Completing Form FPR (Application for Certificate of Authority)
Item 1: (Part One) Enter the complete corporate name, exactly as it appears on the certificate of good standing from the domestic
state. A “dba” name or “aka” name cannot be included. If the true corporate name is not available in New Mexico, a resolution by the
board of directors adopting a fictitious name for use in transacting business in New Mexico must be submitted with the application.

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