reglab/housing_qa huggingface dataset:
13 ME Rev Stat § 1757 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 1-A: COOPERATIVE AFFORDABLE HOUSING OWNERSHIP|13 §1757. Consumer protection; enforcement

 §1757. Consumer protection; enforcement Failure or neglect to provide to purchasers the documents and disclosures required by section 1756 is considered a violation of Title 10, chapter 206.   [PL 1993, c. 300, §1 (NEW).]SECTION HISTORY PL 1993, c. 300, §1 (NEW).
13 ME Rev Stat § 1758 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 1-A: COOPERATIVE AFFORDABLE HOUSING OWNERSHIP|13 §1758. Dissolution

 §1758. Dissolution By vote of at least 80% of its members or any larger percentage specified in the articles of incorporation or bylaws, a cooperative affordable housing corporation may vote to dissolve and terminate its proprietary leases. In addition, a cooperative affordable housing corporation must file articles of dissolution and pay the fee for dissolution as required for business corporations under Title 13-C.   [PL 2007, c. 231, §4 (AMD).]SECTION HISTORY PL 1993, c. 300, §1 (NEW). PL 2007, c. 231, §4 (AMD).
13 ME Rev Stat § 1759 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 1-A: COOPERATIVE AFFORDABLE HOUSING OWNERSHIP|13 §1759. Loans

 §1759. Loans Any lender is authorized to make loans secured by shares in a cooperative affordable housing corporation, including limited equity cooperatives. For purposes of Title 9-A, section 1-202, subsection (8), a loan secured by shares of a cooperative affordable housing corporation must be considered a loan secured by a mortgage on real estate.   [PL 1993, c. 300, §1 (NEW).]SECTION HISTORY PL 1993, c. 300, §1 (NEW).
13 ME Rev Stat § 1760 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 1-A: COOPERATIVE AFFORDABLE HOUSING OWNERSHIP|13 §1760. Net income; apportionment

 §1760. Net income; apportionment 1.  Apportionment.  Subject to subsection 2, the board of directors of a cooperative affordable housing corporation may apportion annually the remainder of its net income in one or more of the following ways:   A. As a reserve fund for the general operation of the cooperative affordable housing corporation; or   [PL 1993, c. 300, §1 (NEW).]B. As a dividend not to exceed 6% per annum on invested capital.   [PL 1993, c. 300, §1 (NEW).][PL 1993, c. 300, §1 (NEW).] 2.  Cost reduction.  This section does not prevent a cooperative affordable housing corporation from disposing of its net income by reducing the cost of facilities or services or by applying the net income otherwise for the common benefit of its members.   [PL 1993, c. 300, §1 (NEW).] SECTION HISTORY PL 1993, c. 300, §1 (NEW).
13 ME Rev Stat § 1761 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 1-A: COOPERATIVE AFFORDABLE HOUSING OWNERSHIP|13 §1761. Nondiscrimination

 §1761. Nondiscrimination Title 5, chapter 337, subchapter IV applies to all cooperative affordable housing corporations in the State.   [PL 1993, c. 300, §1 (NEW).]SECTION HISTORY PL 1993, c. 300, §1 (NEW).
13 ME Rev Stat § 1762 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 1-A: COOPERATIVE AFFORDABLE HOUSING OWNERSHIP|13 §1762. Property tax provisions

 §1762. Property tax provisions 1.  Property not tax-exempt.  Notwithstanding any provision of law to the contrary, cooperative property does not qualify for property tax exemption under Title 36, section 652, subsection 1, paragraph A.   [PL 1993, c. 300, §1 (NEW).] 2.  Eligibility for property tax relief.  Without limiting the eligibility of members of any other corporation or unincorporated association that provides housing on a cooperative basis for tax relief, a member of a cooperative affordable housing corporation is eligible for any relief afforded to property taxpayers under law.   [PL 1993, c. 300, §1 (NEW).] 3.  Homestead exemption from attachment and execution.   Title 14, section 4422 applies to cooperative interests in cooperative affordable housing corporations.   [PL 1993, c. 300, §1 (NEW).] SECTION HISTORY PL 1993, c. 300, §1 (NEW).
13 ME Rev Stat § 1971 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1971. Title

 §1971. Title This subchapter shall be known and may be cited as the "Employee Cooperative Corporations Act."   [PL 1983, c. 136 (NEW).]SECTION HISTORY PL 1983, c. 136 (NEW).
13 ME Rev Stat § 1972 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1972. Definitions

 §1972. Definitions As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 1983, c. 136 (NEW).]1.  Employee cooperative.  "Employee cooperative" means a corporation which has duly elected to be governed by this subchapter.   [PL 1983, c. 136 (NEW).] 2.  Member.  "Member" means a natural person who has been accepted for membership in and owns a membership share issued by an employee cooperative.   [PL 1983, c. 136 (NEW).] 3.  Membership fee.  "Membership fee" means an initial payment made by a person to an employee cooperative as a condition to becoming a member.   [PL 1983, c. 136 (NEW).] 4.  Patronage.  "Patronage" means the amount of work performed as a member of an employee cooperative, measured in accordance with the articles of incorporation or bylaws.   [PL 1983, c. 136 (NEW).] 5.  Written notice of allocation.  "Written notice of allocation" means a written instrument which discloses to a member the stated dollar amount of that member's patronage allocation and the terms for payment of that amount by the employee cooperative.   [PL 1983, c. 136 (NEW).] SECTION HISTORY PL 1983, c. 136 (NEW).
13 ME Rev Stat § 1973 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1973. Application of other laws

 §1973. Application of other laws Except as otherwise provided in this subchapter, employee cooperative corporations are governed by Title 13-C, the Maine Business Corporation Act.   [RR 2001, c. 2, Pt. B, §30 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).]SECTION HISTORY PL 1983, c. 136 (NEW). RR 2001, c. 2, §B30 (COR). RR 2001, c. 2, §B58 (AFF).
13 ME Rev Stat § 1974 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1974. Registration of securities

 §1974. Registration of securities Employee cooperatives are subject to Title 32, chapter 13. The fee charged for registration or renewal shall be $10.   [PL 1983, c. 136 (NEW).]SECTION HISTORY PL 1983, c. 136 (NEW).
13 ME Rev Stat § 1975 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1975. Formation of employee cooperative corporation; revocation

 §1975. Formation of employee cooperative corporation; revocation 1.  Election.  Any corporation organized under former Title 13-A or Title 13-C may elect to be governed as an employee cooperative under this subchapter, by so stating in its articles of incorporation or articles of amendment filed in accordance with Title 13-C.   [RR 2001, c. 2, Pt. B, §31 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).] 2.  Revocation.  An employee cooperative may revoke its election under this subchapter by a vote of 2/3 of the members and through articles of amendment duly filed in accordance with Title 13-C.   [RR 2001, c. 2, Pt. B, §31 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).] SECTION HISTORY PL 1983, c. 136 (NEW). RR 2001, c. 2, §B31 (COR). RR 2001, c. 2, §B58 (AFF).
13 ME Rev Stat § 1976 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1976. Use of words "cooperative," "co-op"

 §1976. Use of words "cooperative," "co-op" No person, firm, corporation or association, domestic or foreign, hereafter commencing business in this State may use the word "cooperative" or "co-op" as a part of its corporate name, unless it has complied with this subchapter or some other statute of this State relating to cooperative associations. A foreign association organized under and complying with the cooperative law of the state of its creation shall be entitled to use the term "cooperative" or "co-op" in this State if it has obtained the privilege of doing business in this State.   [PL 1983, c. 136 (NEW).]SECTION HISTORY PL 1983, c. 136 (NEW).
13 ME Rev Stat § 1977 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1977. Membership in employee cooperative corporation

 §1977. Membership in employee cooperative corporation The articles of incorporation or the bylaws shall establish qualifications and the methods of acceptance and termination of members. No person may be accepted as a member unless employed by the employee cooperative on a full-time or part-time basis.   [PL 1983, c. 136 (NEW).]SECTION HISTORY PL 1983, c. 136 (NEW).
13 ME Rev Stat § 1978 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1978. Membership shares; fees

 §1978. Membership shares; fees 1.  Issuance of shares.  An employee cooperative shall issue a class of voting stock designated as membership shares.   [PL 1983, c. 136 (NEW).] 2.  Payment.  Each member of an employee cooperative corporation must be issued a membership share upon payment of a membership fee, the amount of which must be determined from time to time by the directors. Title 13-C, section 621 does not apply to membership shares.   [PL 2003, c. 344, Pt. D, §8 (AMD).] 3.  Ownership limited.  Each member shall own only one membership share, and only members may own those shares.   [PL 1983, c. 136 (NEW).] 4.  Voting stock limited.  Unless otherwise provided in this subchapter or in the articles of incorporation of an employee cooperative, no other capital stock other than membership shares may have voting power. In the event that proposed amendments to the articles of incorporation would adversely affect any nonvoting class of shareholders, such action may not be taken without the vote of those shareholders, as provided in Title 13-C, sections 1003 and 1004.   [PL 2003, c. 344, Pt. D, §8 (AMD).] SECTION HISTORY PL 1983, c. 136 (NEW). PL 2003, c. 344, §D8 (AMD).
13 ME Rev Stat § 1979 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1979. Amendment of bylaws

 §1979. Amendment of bylaws The bylaws of an employee cooperative may only be amended by members, except as provided in Title 13-C, section 207.   [PL 2003, c. 344, Pt. D, §9 (AMD).]SECTION HISTORY PL 1983, c. 136 (NEW). PL 2003, c. 344, §D9 (AMD).
13 ME Rev Stat § 1980 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1980. Earnings or losses

 §1980. Earnings or losses 1.  Apportionment.  The net earnings or losses of an employee cooperative shall be apportioned and distributed at such times and in such manner as the articles of organization or bylaws shall specify. Net earnings declared as patronage allocations with respect to a period of time, and paid or credited to members, shall be apportioned among the members in accordance with the ratio which each member's patronage during the period involved bears to total patronage by all members during that period.   [PL 1983, c. 136 (NEW).] 2.  Method.  The apportionment, distribution and payment of net earnings required by this section may be in cash, credits, written notices of allocation or capital stock issued by the employee cooperative.   [PL 1983, c. 136 (NEW).] SECTION HISTORY PL 1983, c. 136 (NEW).
13 ME Rev Stat § 1981 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1981. Accounting for earnings or losses

 §1981. Accounting for earnings or losses 1.  Internal accounts.  Any employee cooperative may establish in its articles of incorporation or bylaws a system of internal capital accounts to reflect the book value and to determine the redemption price of membership shares, capital stock and written notices of allocation.   [PL 1983, c. 136 (NEW).] 2.  Redemption.  The articles of incorporation or bylaws of an employee cooperative may permit the periodic redemption of written notices of allocation and capital stock, and must provide for recall and redemption of the membership share upon termination of membership in the cooperative. No redemption may be made if such redemption would result in the liability of any director or officer of the employee cooperative under Title 13-C.   [RR 2001, c. 2, Pt. B, §32 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).] 3.  Interest.  The articles of incorporation or bylaws may provide for the employee cooperative to pay or credit interest on the balance in each member's internal capital account.   [PL 1983, c. 136 (NEW).] 4.  Collective reserve account.  The articles of incorporation or bylaws may authorize assignment of a portion of retained net earnings and net losses to a collective reserve account. For purposes of this chapter, a collective reserve account means an unindividuated account on the corporate books representing the corporation's entire net book value minus balances in any other equity accounts. Earnings assigned to the collective reserve account may be used for any and all corporate purposes as determined by the board of directors.   [PL 1983, c. 136 (NEW).] SECTION HISTORY PL 1983, c. 136 (NEW). RR 2001, c. 2, §B32 (COR). RR 2001, c. 2, §B58 (AFF).
13 ME Rev Stat § 1982 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1982. Internal capital account cooperatives

 §1982. Internal capital account cooperatives 1.  Types of accounts permitted.  An internal capital account cooperative is an employee cooperative whose entire net book value is reflected in internal capital accounts, one for each member, and a collective reserve account, and in which no persons other than members own capital stock. In an internal capital account cooperative, each member shall have only one vote in any matter requiring voting by stockholders.   [PL 1983, c. 136 (NEW).] 2.  Allocation to accounts.  An internal capital account cooperative shall credit the paid-in membership fee and additional paid-in capital of a member to the member's internal capital account, and shall also record the apportionment of retained net earnings or net losses to the members in accordance with patronage by appropriately crediting or debiting the internal capital accounts of members. The collective reserve account in an internal capital account cooperative shall reflect any paid-in capital, net losses and retained earnings not allocated to individual members.   [PL 1983, c. 136 (NEW).] 3.  Adjustment of accounts.  In an internal capital account cooperative, the balances in all the internal capital accounts and collective reserve account, if any, shall be adjusted at the end of each accounting period so that the sum of the balances is equal to the net book value of the employee cooperative.   [PL 1983, c. 136 (NEW).] 4.  Exceptions.   Title 13-C, section 1302 does not apply to an internal capital account cooperative.   [PL 2003, c. 344, Pt. D, §10 (AMD).] SECTION HISTORY PL 1983, c. 136 (NEW). PL 2003, c. 344, §D10 (AMD).
13 ME Rev Stat § 1983 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1983. Revocation of election as employee cooperative corporation

 §1983. Revocation of election as employee cooperative corporation When any employee cooperative revokes its election in accordance with section 1975, the articles of amendment must provide for conversion of membership shares and internal capital accounts or their conversions to securities or other property in a manner consistent with Title 13-C.   [RR 2001, c. 2, Pt. B, §33 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).]SECTION HISTORY PL 1983, c. 136 (NEW). RR 2001, c. 2, §B33 (COR). RR 2001, c. 2, §B58 (AFF).
13 ME Rev Stat § 1984 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 85: COOPERATIVES|Subchapter 3: EMPLOYEE COOPERATIVE CORPORATIONS|13 §1984. Mergers

 §1984. Mergers An employee cooperative that has not revoked its election under this subchapter may not consolidate or merge with another corporation other than an employee cooperative. Two or more employee cooperatives may consolidate or merge in accordance with Title 13-C, chapter 11.   [RR 2001, c. 2, Pt. B, §34 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).]SECTION HISTORY PL 1983, c. 136 (NEW). RR 2001, c. 2, §B34 (COR). RR 2001, c. 2, §B58 (AFF).
13 ME Rev Stat § 2001 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 1: GENERAL PROVISIONS|13 §2001. Short title

 §2001. Short title This chapter shall be known as the "Fish Marketing Act".
13 ME Rev Stat § 2002 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 1: GENERAL PROVISIONS|13 §2002. Purposes

 §2002. Purposes This chapter is enacted in order to promote, foster and encourage the intelligent and orderly marketing of fish and fishery products through cooperation; to eliminate speculation and waste; to make the distribution of fish and fishery products between producer and consumer as direct as can be efficiently done; and to stabilize the marketing of fish and fishery products.
13 ME Rev Stat § 2003 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 1: GENERAL PROVISIONS|13 §2003. Definitions

 §2003. Definitions As used in this chapter:   1.  Association.  "Association" means any corporation organized under this chapter.   2.  Fishery products.  "Fishery products" includes fish, crustaceans, mollusks and marine products for human consumption.   3.  Member.  "Member" includes members of associations without capital stock and holders of common stock in associations organized with shares of stock.
13 ME Rev Stat § 2004 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 1: GENERAL PROVISIONS|13 §2004. Nonprofit associations

 §2004. Nonprofit associations Associations shall be deemed "nonprofit," inasmuch as they are not organized to make profit for themselves, as such, or for their members, as such, but only for their members as producers of fishery products.
13 ME Rev Stat § 2005 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 1: GENERAL PROVISIONS|13 §2005. General corporation law; applicability

 §2005. General corporation law; applicability The provisions of the general laws relating to business corporations and all powers and rights thereunder, apply to associations, except where such provisions are in conflict with or inconsistent with the express provisions of this chapter.
13 ME Rev Stat § 2006 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 1: GENERAL PROVISIONS|13 §2006. Registration as dealers in securities

 §2006. Registration as dealers in securities Associations organized under this chapter shall be subject to Title 32, chapter 13. The fee charged for registration or renewal shall be $10.
13 ME Rev Stat § 2007 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 1: GENERAL PROVISIONS|13 §2007. Anti-trust laws; exemption

 §2007. Anti-trust laws; exemption An association shall be deemed not to be a conspiracy nor a combination in restraint of trade nor an illegal monopoly; nor an attempt to lessen competition or to fix prices arbitrarily or to create a combination or pool in violation of any law of this State; and the marketing contracts and agreements between the association and its members and any agreements authorized in this chapter shall be considered not to be illegal nor in restraint of trade nor contrary to any statute enacted against pooling or combinations.
13 ME Rev Stat § 2008 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 1: GENERAL PROVISIONS|13 §2008. Statutory construction

 §2008. Statutory construction Any provisions of law which are in conflict with this chapter shall not be construed as applying to associations. Any exemptions under any laws applying to fishery products in the possession or under the control of the individual producer shall apply similarly and completely to such fishery products delivered by its members, in the possession or under the control of the association.
13 ME Rev Stat § 2009 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 1: GENERAL PROVISIONS|13 §2009. Merger or consolidation

 §2009. Merger or consolidation Any 2 or more associations may be merged into one such constituent association or consolidated into a new association. Such merger or consolidation shall be made in the manner prescribed for domestic business corporations.
13 ME Rev Stat § 2051 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 2: ORGANIZATION|13 §2051. Authority to form association

 §2051. Authority to form association Five or more persons, a majority of whom are residents of this State, engaged in the fishery business, may form an association, with or without shares of stock, under this chapter.
13 ME Rev Stat § 2052 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 2: ORGANIZATION|13 §2052. Articles of incorporation

 §2052. Articles of incorporation Articles of incorporation shall be signed, acknowledged and filed in the manner prescribed for domestic business corporations.
13 ME Rev Stat § 2053 (2021)
2021 Maine Revised Statutes|TITLE 13: CORPORATIONS|Part 2: CORPORATIONS WITHOUT CAPITAL|Chapter 87: FISH MARKETING ASSOCIATIONS|Subchapter 2: ORGANIZATION|13 §2053. Contents

 §2053. Contents The articles of incorporation shall state:   1.  Name.  The name of the association;   2.  Purposes.  The purposes for which it is formed;   3.  Location.  The municipality and county where the principal office for the transaction of business of the corporation is to be located;   4.  Directors.  The number of directors thereof, which shall be not less than 3 and may be any number in excess thereof; the term of office of such directors; and the names and residences of those who are to serve as directors for the first year, or until election and qualification of their successors.