Meetings of the Board of Directors are governed by New Mexico law and by the association’s governing documents. However, if the association is a nonprofit corporation, the following rules apply to board meetings for New Mexico nonprofit corporations:
- Meetings of the board may be held within or without New Mexico and upon such notice as the bylaws may prescribe.
- Neither the business to be transacted at, nor the purpose of, any regular or special meeting of the board of directors need be specified in the notice or waiver of notice of the meeting unless required by the bylaws.
- Unless restricted by the articles of incorporation or bylaws, members of the board of directors or any committee may participate in a meeting of the board or committee by means of a conference telephone or similar communications equipment whereby all persons participating in the meeting can hear each other at the same time. Such participation shall be considered presence in person at the meeting.