reglab/statecodes huggingface dataset:
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 4: MEETINGHOUSES › 13 §3109. Corporate rights and powers

§3109. Corporate rights and powers
Any meetinghouse corporation, by a major vote of its members, may use and control the meetinghouse or building for public worship partly or wholly owned by them, as they please. Nothing in this section and sections 3107 and 3108 shall affect the rights of owners of houses of worship, built by different religious denominations.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 4: MEETINGHOUSES › 13 §3110. Meetings of owners

§3110. Meetings of owners
When there has been no meeting of the incorporated pew owners, or proprietors or owners of a meetinghouse or building for public worship for 3 years, a meeting may be called on application of 3 or more members thereof to a notary public, who shall issue his warrant to one of them stating the time, place and purposes of the meeting, directing him to notify the meeting by posting a certified copy of the warrant, 3 weeks before the time of meeting, on the principal outer door of the building, and in one or more public places in the same town and publishing it in a newspaper published in the county, if any, otherwise in an adjoining county or in the state paper.   [PL 1981, c. 456, Pt. A, §46 (AMD).]
SECTION HISTORY
PL 1981, c. 456, §A46 (AMD).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 4: MEETINGHOUSES › 13 §3111. Different denomination; division of time

§3111. Different denomination; division of time
When a house of public worship is owned by persons of different denominations and when an organized society, or its members, own 5 pews therein, one or more of the minority owning not less than 5 pews may apply to a justice of the peace to obtain a division of the time of occupying the house. He shall call a meeting of the owners by posting a notice in a public place in or about the house, 30 days at least before the meeting, stating the time, place and object thereof.   [PL 1987, c. 736, §11 (AMD).]
SECTION HISTORY
PL 1981, c. 456, §A47 (AMD). PL 1987, c. 736, §11 (AMD).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 4: MEETINGHOUSES › 13 §3112. Mode of proceeding

§3112. Mode of proceeding
At a meeting called under section 3111, the owners, who are not applicants, or if they refuse or neglect, the notary who called the meeting may designate another notary, and the 2 may appoint a 3rd disinterested person, not an inhabitant of the town in which the house is located, or belonging to the denomination of either party interested. The 3 shall be a board, before which the owners may exhibit the amount that they own in the house. The minority, owning at least 5 pews, shall have their part allotted to them, as nearly as may be, in proportion to the amount that they own in the house. The board shall designate which weeks in each year the minority, if they please, may occupy the house; if they do not, the majority may occupy it.   [PL 1981, c. 456, Pt. A, §48 (AMD).]
SECTION HISTORY
PL 1981, c. 456, §A48 (AMD).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 4: MEETINGHOUSES › 13 §3113. Proportion of minority appraised

§3113. Proportion of minority appraised
The board shall appraise the value of the minority's proportion of the house, make a record of their proceedings, and within 10 days cause it to be transcribed into the records of such town.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 4: MEETINGHOUSES › 13 §3114. Expenses

§3114. Expenses
All their reasonable expenses shall be paid by the persons who requested the division; but the above provisions shall not affect any agreement now in force as to the mode of occupying such house.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 4: MEETINGHOUSES › 13 §3115. Minority may occupy their share of time unless majority purchases

§3115. Minority may occupy their share of time unless majority purchases
The minority may occupy the house for their allotted time, unless the majority purchase their interest by paying the minority the sum at which it was appraised by the board; but if the minority decline so to sell, they shall not avail themselves of sections 3111 to 3114.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3161. Fee in ministerial and school land in existing towns

§3161. Fee in ministerial and school land in existing towns
Where lands have been granted or reserved for the use of the ministry or first settled minister, or for the use of schools, in any town incorporated and in existence on January 1, 1973, and the fee in these lands has not vested in some particular parish therein or in some individual, it shall vest in the inhabitants of such town and not in any particular parish therein for such uses. The inhabitants of any such town shall hold and enjoy said public reserved lands subject to the control of and subject to responsibilities imposed by the State.   [PL 1973, c. 628, §4 (AMD).]
SECTION HISTORY
PL 1973, c. 628, §4 (AMD).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3162. Trustees

§3162. Trustees
The municipal officers, town clerk and treasurer of each town where no other trustees are lawfully appointed for that purpose shall be a corporation and trustees of such ministerial and school funds, with the usual powers granted to similar corporations.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3163. Officers

§3163. Officers
The corporation shall annually elect a president, clerk and treasurer. The treasurer shall give bond with sureties sufficient in the opinion of the trustees for the faithful discharge of his duty. The clerk shall be sworn.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3164. Powers (REPEALED)

§3164. Powers
(REPEALED)
SECTION HISTORY
PL 1973, c. 628, §§4-A (RP).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3165. Investment of funds

§3165. Investment of funds
As soon as may be the corporation shall invest the proceeds of sale in the manner provided in Title 30‑A, chapter 223, subchapter III-A.   [PL 1987, c. 737, Pt. C, §§26, 106 (AMD); PL 1989, c. 6 (AMD); PL 1989, c. 9, §2 (AMD); PL 1989, c. 104, Pt. C, §8, 10 (AMD).]
SECTION HISTORY
PL 1987, c. 737, §§C26,C106 (AMD). PL 1989, c. 6 (AMD). PL 1989, c. 9, §2 (AMD). PL 1989, c. 104, §§C8,C10 (AMD).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3166. Trustees may hold for use of ministry and schools

§3166. Trustees may hold for use of ministry and schools
The corporation may, by gift, grant or otherwise, take and hold for the use of the ministry in their towns, real and personal estate, the annual income of which does not exceed $1,000; and for the use of schools may take and hold estate, the annual income of which does not exceed the sum which their town is bound to raise for the same use.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3167. Income to support schools

§3167. Income to support schools
All income derived from the ministerial and school lands, and from the rents and profits of real and personal estate held under section 3166, shall be annually applied to the support of public schools in the town or the schooling of resident students and expended like other school money.   [PL 1987, c. 402, Pt. A, §100 (RPR).]
A municipality that has land that continues to generate an income may expend up to 20% of the ministerial fund every 5 years in accordance with this subchapter.   [PL 1997, c. 57, §1 (NEW).]
SECTION HISTORY
PL 1973, c. 628, §5 (AMD). PL 1985, c. 774, §2 (AMD). PL 1985, c. 797, §4 (AMD). PL 1987, c. 402, §A100 (RPR). PL 1997, c. 57, §1 (AMD).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3167-A. Expenditure of ministerial funds

§3167-A. Expenditure of ministerial funds
A municipality may expend funds held in its ministerial trust for school construction or renovation if the expenditure is approved by the voters of the municipality at an election.   [PL 1999, c. 731, Pt. YY, §1 (NEW); PL 1999, c. 789, §1 (NEW).]
SECTION HISTORY
PL 1999, c. 731, §YY1 (NEW). PL 1999, c. 789, §1 (NEW).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3168. Transfer of funds by trustees

§3168. Transfer of funds by trustees
The trustees of any ministerial or school fund in this State, incorporated by the legislature of Massachusetts may, by the consent of the town for whose use the fund was established, transfer it to the municipal officers, clerk and treasurer thereof, who are made trustees of the same. The income shall be annually applied and expended as provided in section 3167.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3169. Administration of ministerial and school funds

§3169. Administration of ministerial and school funds
The ministerial and school funds now held in trust by any town or by a corporation existing under section 3162 may be turned over to the Treasurer of State to be administered in accordance with the terms and provisions of such trust and those funds must be invested by the Treasurer of State in the same manner as provided for investments in securities enumerated in Title 9-B, chapter 55-A. Such town or corporation thereupon is relieved of any further duties or liabilities for such funds, provided such town, acting under an appropriate article in the warrant at any annual town meeting, votes to cause such funds to be entrusted to the Treasurer of State.   [PL 1991, c. 824, Pt. A, §22 (AMD).]
SECTION HISTORY
PL 1967, c. 494, §15 (AMD). PL 1971, c. 544, §42 (AMD). PL 1977, c. 78, §109 (AMD). PL 1991, c. 824, §A22 (AMD).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3170. Annual accounting

§3170. Annual accounting
At each annual meeting of their town, the trustees shall exhibit an account of their proceedings and a statement of the funds, receipts and expenditures and of the application thereof to said uses.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3171. Trustees of parish lands

§3171. Trustees of parish lands
When ministerial lands are vested in a parish, the assessors, clerk and treasurer, where no other trustees are appointed for that purpose, shall be a corporation and trustees of such ministerial fund with like powers and under like liabilities as the municipal officers, town clerk and treasurer; pay the annual income of such lands and of the proceeds of their sale according to the terms of the grants and reservations by which they were so vested; and at each annual meeting for choice of parish officers, exhibit an account of their proceedings and a statement of funds, receipts and expenditures.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 93: RELIGIOUS SOCIETIES › Subchapter 5: MINISTERIAL AND SCHOOL LANDS › 13 §3172. First meeting of trustees

§3172. First meeting of trustees
The first meeting in any year of the trustees constituted by sections 3162 and 3171 may be called by 7 days' personal notice of the time and place thereof, given by one of them to all the others.
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 95: EDUCATIONAL ORGANIZATIONS (REPEALED) › Subchapter 1: ENDOWMENT FUNDS › 13 §4001. Definitions (REPEALED)

§4001. Definitions
(REPEALED)
SECTION HISTORY
PL 1973, c. 286 (NEW). PL 1977, c. 78, §110 (AMD). PL 1981, c. 698, §83 (AMD). PL 1985, c. 797, §5 (AMD). PL 1993, c. 371, §1 (RP).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 95: EDUCATIONAL ORGANIZATIONS (REPEALED) › Subchapter 1: ENDOWMENT FUNDS › 13 §4002. Appropriation of appreciation (REPEALED)

§4002. Appropriation of appreciation
(REPEALED)
SECTION HISTORY
PL 1973, c. 286 (NEW). PL 1993, c. 371, §1 (RP).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 95: EDUCATIONAL ORGANIZATIONS (REPEALED) › Subchapter 1: ENDOWMENT FUNDS › 13 §4003. Rule of construction (REPEALED)

§4003. Rule of construction
(REPEALED)
SECTION HISTORY
PL 1973, c. 286 (NEW). PL 1973, c. 788, §55 (AMD). PL 1993, c. 371, §1 (RP).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 95: EDUCATIONAL ORGANIZATIONS (REPEALED) › Subchapter 1: ENDOWMENT FUNDS › 13 §4004. Delegation of authority (REPEALED)

§4004. Delegation of authority
(REPEALED)
SECTION HISTORY
PL 1973, c. 286 (NEW). PL 1993, c. 371, §1 (RP).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 95: EDUCATIONAL ORGANIZATIONS (REPEALED) › Subchapter 1: ENDOWMENT FUNDS › 13 §4005. Care and prudence (REPEALED)

§4005. Care and prudence
(REPEALED)
SECTION HISTORY
PL 1973, c. 286 (NEW). PL 1993, c. 371, §1 (RP).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4100. Short title (REPEALED)

§4100. Short title
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4101. Definitions (REPEALED)

§4101. Definitions
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 2001, c. 550, §§C3,4 (AMD). PL 2001, c. 550, §C29 (AFF). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4102. Appropriation of appreciation (REPEALED)

§4102. Appropriation of appreciation
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4103. Rule of construction (REPEALED)

§4103. Rule of construction
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4104. Investment authority (REPEALED)

§4104. Investment authority
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4105. Delegation of investment management (REPEALED)

§4105. Delegation of investment management
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4106. Standard of conduct (REPEALED)

§4106. Standard of conduct
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 1997, c. 302, §1 (AMD). PL 2001, c. 550, §C5 (AMD). PL 2001, c. 550, §C29 (AFF). PL 2003, c. 618, §B3 (AMD). PL 2003, c. 618, §B20 (AFF). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4107. Release of restrictions on use or investment (REPEALED)

§4107. Release of restrictions on use or investment
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4108. Uniformity of application and construction (REPEALED)

§4108. Uniformity of application and construction
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4109. Application (REPEALED)

§4109. Application
(REPEALED)
SECTION HISTORY
PL 1993, c. 371, §2 (NEW). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 97: UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §4110. Municipal library funds (REPEALED)

§4110. Municipal library funds
(REPEALED)
SECTION HISTORY
PL 1999, c. 135, §1 (NEW). PL 2009, c. 450, §1 (RP). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 99: UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §5101. Short title

§5101. Short title
This chapter may be known and cited as "the Uniform Prudent Management of Institutional Funds Act."   [PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
SECTION HISTORY
PL 2009, c. 450, §2 (NEW). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 99: UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §5105. Delegation of management and investment functions

§5105. Delegation of management and investment functions
1.  Delegation.
Subject to any specific limitation set forth in a gift instrument or in law other than this chapter, an institution may delegate to an external agent the management and investment of an institutional fund to the extent that an institution could prudently delegate under the circumstances. An institution shall act in good faith, with the care that an ordinarily prudent person in a like position would exercise under similar circumstances, in:
A. Selecting an agent;   [PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
B. Establishing the scope and terms of the delegation, consistent with the purposes of the institution and the institutional fund; and   [PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
C. Periodically reviewing the agent's actions in order to monitor the agent's performance and compliance with the scope and terms of the delegation.   [PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
[PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
2.  Agent's duty.
In performing a delegated function, an agent owes a duty to the institution to exercise reasonable care to comply with the scope and terms of the delegation.
[PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
3.  Liability of institution.
An institution that complies with subsection 1 is not liable for the decisions or actions of an agent to which the function was delegated.
[PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
4.  Submits to jurisdiction.
By accepting delegation of a management or investment function from an institution that is subject to the laws of this State, an agent submits to the jurisdiction of the courts of this State in all proceedings arising from or related to the delegation or the performance of the delegated function.
[PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
5.  Committees; officers; employees.
An institution may delegate management and investment functions to its committees, officers or employees as authorized by the laws of this State other than provisions of this chapter.
[PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
SECTION HISTORY
PL 2009, c. 450, §2 (NEW). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 99: UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §5107. Reviewing compliance

§5107. Reviewing compliance
Compliance with this chapter is determined in light of the facts and circumstances existing at the time a decision is made or action is taken and not by hindsight.   [PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
SECTION HISTORY
PL 2009, c. 450, §2 (NEW). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 99: UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §5108. Application to existing institutional funds

§5108. Application to existing institutional funds
This chapter applies to institutional funds existing on or established after July 1, 2009. As applied to institutional funds existing on July 1, 2009, this chapter governs only decisions made or actions taken on or after that date.   [PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
SECTION HISTORY
PL 2009, c. 450, §2 (NEW). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 99: UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §5109. Relation to federal Electronic Signatures in Global and National Commerce Act

§5109. Relation to federal Electronic Signatures in Global and National Commerce Act
This chapter modifies, limits and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 United States Code, Section 7001 et seq., but does not modify, limit or supersede 15 United States Code, Section 7001(a), or authorize electronic delivery of any of the notices described in 15 United States Code, Section 7003(b).   [PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
SECTION HISTORY
PL 2009, c. 450, §2 (NEW). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 99: UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §5110. Uniformity of application and construction

§5110. Uniformity of application and construction
In applying and construing this uniform Act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.   [PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
SECTION HISTORY
PL 2009, c. 450, §2 (NEW). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13: CORPORATIONS › Part 2: CORPORATIONS WITHOUT CAPITAL › Chapter 99: UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT › 13 §5111. Effective date

§5111. Effective date
This chapter takes effect July 1, 2009.   [PL 2009, c. 450, §2 (NEW); PL 2009, c. 450, §3 (AFF).]
SECTION HISTORY
PL 2009, c. 450, §2 (NEW). PL 2009, c. 450, §3 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §101. Short title (REPEALED)

§101. Short title
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §102. Definitions (REPEALED)

§102. Definitions
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1973, c. 483, §§1-1-F (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §103. Applicability (REPEALED)

§103. Applicability
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1971, c. 565, §8 (AMD). PL 1981, c. 469, §1 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §104. Execution of documents (REPEALED)

§104. Execution of documents
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1971, c. 565, §9 (AMD). PL 1973, c. 483, §2 (AMD). PL 1989, c. 501, §§L7-9 (AMD). PL 1997, c. 376, §7 (AMD). PL 1999, c. 594, §1 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §105. Verification of documents (REPEALED)

§105. Verification of documents
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §106. Filing of documents (REPEALED)

§106. Filing of documents
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1989, c. 501, §§L10,11 (AMD). PL 1991, c. 465, §16 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §107. Effect of corporate seal on document (REPEALED)

§107. Effect of corporate seal on document
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §108. Advance approval of documents by Attorney General (REPEALED)

§108. Advance approval of documents by Attorney General
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1977, c. 696, §159 (RP).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §109. Computation of time for giving notice (REPEALED)

§109. Computation of time for giving notice
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §110. Reservation of power (REPEALED)

§110. Reservation of power
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 1: GENERAL PROVISIONS › 13-A §111. Effect of invalidity (REPEALED)

§111. Effect of invalidity
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 2: CORPORATE PURPOSES AND POWERS › 13-A §201. Exclusive procedure for forming business corporations; exceptions (REPEALED)

§201. Exclusive procedure for forming business corporations; exceptions
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 2: CORPORATE PURPOSES AND POWERS › 13-A §202. Powers of corporations (REPEALED)

§202. Powers of corporations
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 2: CORPORATE PURPOSES AND POWERS › 13-A §203. Defense of ultra vires (REPEALED)

§203. Defense of ultra vires
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 3: CORPORATE NAME; REGISTERED OFFICE, AGENT AND CLERK; SERVICE OF PROCESS › 13-A §301. Corporate name (REPEALED)

§301. Corporate name
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1971, c. 565, §§9-A (AMD). PL 1973, c. 483, §3 (AMD). PL 1975, c. 439, §§1,27 (AMD). PL 1979, c. 572, §§7-9 (AMD). PL 1981, c. 544, §§1,2 (AMD). PL 1983, c. 86, §1 (AMD). PL 1987, c. 879, §1 (AMD). PL 1989, c. 501, §§L12-14 (AMD). PL 1993, c. 316, §§12-16 (AMD). PL 1993, c. 616, §4 (AMD). PL 1993, c. 718, §§B4,5 (AMD). RR 1995, c. 2, §24 (COR). PL 1995, c. 458, §2 (AMD). PL 1995, c. 633, §§C4-6 (AMD). PL 1997, c. 633, §3 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 3: CORPORATE NAME; REGISTERED OFFICE, AGENT AND CLERK; SERVICE OF PROCESS › 13-A §302. Reserved name (REPEALED)

§302. Reserved name
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1983, c. 86, §2 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 3: CORPORATE NAME; REGISTERED OFFICE, AGENT AND CLERK; SERVICE OF PROCESS › 13-A §303. Registered name and renewal; termination (REPEALED)

§303. Registered name and renewal; termination
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1979, c. 572, §10 (AMD). PL 1981, c. 544, §3 (AMD). PL 1993, c. 316, §17 (AMD). PL 1995, c. 458, §3 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 3: CORPORATE NAME; REGISTERED OFFICE, AGENT AND CLERK; SERVICE OF PROCESS › 13-A §304. Clerk, registered office, and changes thereof (REPEALED)

§304. Clerk, registered office, and changes thereof
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1971, c. 565, §§10-12 (AMD). PL 1973, c. 483, §§4,5 (AMD). PL 1977, c. 130, §1 (AMD). PL 1997, c. 376, §8 (AMD). PL 1999, c. 594, §§2,3 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 3: CORPORATE NAME; REGISTERED OFFICE, AGENT AND CLERK; SERVICE OF PROCESS › 13-A §305. Service of process on domestic corporations (REPEALED)

§305. Service of process on domestic corporations
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 3: CORPORATE NAME; REGISTERED OFFICE, AGENT AND CLERK; SERVICE OF PROCESS › 13-A §306. Service on nonresident directors of domestic corporations (REPEALED)

§306. Service on nonresident directors of domestic corporations
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 3: CORPORATE NAME; REGISTERED OFFICE, AGENT AND CLERK; SERVICE OF PROCESS › 13-A §307. Assumed name of corporation (REPEALED)

§307. Assumed name of corporation
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1993, c. 316, §18 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 3: CORPORATE NAME; REGISTERED OFFICE, AGENT AND CLERK; SERVICE OF PROCESS › 13-A §308. Suspension by Secretary of State for failure to maintain clerk or file change in registered office (REPEALED)

§308. Suspension by Secretary of State for failure to maintain clerk or file change in registered office
(REPEALED)
SECTION HISTORY
PL 1975, c. 439, §4 (NEW). PL 1987, c. 879, §2 (AMD). PL 1989, c. 501, §L15 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 4: ORGANIZATION OF CORPORATIONS › 13-A §401. Purposes, statute applicable (REPEALED)

§401. Purposes, statute applicable
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1971, c. 565, §§12-A (AMD). PL 1983, c. 519, §22 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 4: ORGANIZATION OF CORPORATIONS › 13-A §402. Number and qualifications of incorporators (REPEALED)

§402. Number and qualifications of incorporators
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1991, c. 780, §U6 (AMD). PL 1997, c. 376, §9 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 4: ORGANIZATION OF CORPORATIONS › 13-A §403. Contents of articles of incorporation (REPEALED)

§403. Contents of articles of incorporation
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1971, c. 565, §§12-B (AMD). PL 1973, c. 483, §6 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 4: ORGANIZATION OF CORPORATIONS › 13-A §404. Statement in articles of corporate purposes (REPEALED)

§404. Statement in articles of corporate purposes
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1971, c. 565, §13 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 4: ORGANIZATION OF CORPORATIONS › 13-A §405. Determinations to be made by Secretary of State before filing articles of incorporation (REPEALED)

§405. Determinations to be made by Secretary of State before filing articles of incorporation
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1989, c. 501, §L16 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 4: ORGANIZATION OF CORPORATIONS › 13-A §406. Beginning of corporate existence; filing as conclusive evidence of incorporation; exceptions (REPEALED)

§406. Beginning of corporate existence; filing as conclusive evidence of incorporation; exceptions
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 4: ORGANIZATION OF CORPORATIONS › 13-A §407. Powers of incorporators; organizational meeting (REPEALED)

§407. Powers of incorporators; organizational meeting
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1973, c. 483, §7 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §501. Authorized shares (REPEALED)

§501. Authorized shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1983, c. 434, §§1,4 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §502. Shares of preferred or special classes in series (REPEALED)

§502. Shares of preferred or special classes in series
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1983, c. 434, §§2,4 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §503. Authority of directors in certain cases to issue shares of preferred or special classes in series (REPEALED)

§503. Authority of directors in certain cases to issue shares of preferred or special classes in series
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §504. Rules of construction for preferred shares (REPEALED)

§504. Rules of construction for preferred shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1971, c. 565, §14 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §505. Subscriptions for shares (REPEALED)

§505. Subscriptions for shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §506. Consideration for shares (REPEALED)

§506. Consideration for shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1973, c. 483, §8 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §507. Authority of directors to issue or dispose of shares; payment for shares (REPEALED)

§507. Authority of directors to issue or dispose of shares; payment for shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §508. Share rights and options (REPEALED)

§508. Share rights and options
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §509. When shares are fully paid and nonassessable; liability of subscribers and others (REPEALED)

§509. When shares are fully paid and nonassessable; liability of subscribers and others
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §510. Allowance of certain organization expenses (REPEALED)

§510. Allowance of certain organization expenses
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §511. Certificates representing shares (REPEALED)

§511. Certificates representing shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1971, c. 565, §15 (AMD). PL 1979, c. 127, §91 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §512. Issuance of fractional shares or scrip (REPEALED)

§512. Issuance of fractional shares or scrip
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §513. Requirement of stated capital and determination thereof (REPEALED)

§513. Requirement of stated capital and determination thereof
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1973, c. 483, §9 (AMD). PL 1977, c. 130, §2 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §514. Dividends in cash or property (REPEALED)

§514. Dividends in cash or property
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §515. Share dividends and dividends in treasury shares (REPEALED)

§515. Share dividends and dividends in treasury shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §516. Cumulative preferred dividends from capital surplus (REPEALED)

§516. Cumulative preferred dividends from capital surplus
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1973, c. 483, §§9-A (RPR). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §517. Other distributions from capital surplus (REPEALED)

§517. Other distributions from capital surplus
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §518. Corporation's purchase and disposition of its own shares (REPEALED)

§518. Corporation's purchase and disposition of its own shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §519. Issue and redemption of redeemable shares (REPEALED)

§519. Issue and redemption of redeemable shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1983, c. 434, §§3,4 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §520. Retirement or cancellation of redeemable shares by redemption or purchase (REPEALED)

§520. Retirement or cancellation of redeemable shares by redemption or purchase
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §521. Disposition or retirement or cancellation of other reacquired shares (REPEALED)

§521. Disposition or retirement or cancellation of other reacquired shares
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1979, c. 127, §92 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §522. Reduction of stated capital (REPEALED)

§522. Reduction of stated capital
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §523. Special provisions relating to surplus and reserves (REPEALED)

§523. Special provisions relating to surplus and reserves
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §524. Convertible securities (REPEALED)

§524. Convertible securities
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 5: CORPORATE FINANCE › 13-A §525. Unclaimed dividends (REPEALED)

§525. Unclaimed dividends
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1977, c. 707, §4 (RPR). PL 2001, c. 471, §B7 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §601. Bylaws generally (REPEALED)

§601. Bylaws generally
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1977, c. 130, §3 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §602. Bylaws and other powers in emergency (REPEALED)

§602. Bylaws and other powers in emergency
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §603. Meetings of shareholders; when held; how called (REPEALED)

§603. Meetings of shareholders; when held; how called
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1977, c. 130, §§4,5 (AMD). PL 1985, c. 394, §1 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §604. Notice of shareholders' meetings (REPEALED)

§604. Notice of shareholders' meetings
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1981, c. 20, §§1-4 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §605. Waiver of notice and call (REPEALED)

§605. Waiver of notice and call
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §606. Fixing record date for determining shareholders (REPEALED)

§606. Fixing record date for determining shareholders
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1981, c. 20, §§5,6 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §607. List of shareholders entitled to vote at meeting (REPEALED)

§607. List of shareholders entitled to vote at meeting
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1973, c. 483, §10 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §608. Quorum of shareholders (REPEALED)

§608. Quorum of shareholders
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1975, c. 439, §13 (AMD). PL 1977, c. 130, §6 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §609. Voting inspectors (REPEALED)

§609. Voting inspectors
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §610. Determination of shareholders (REPEALED)

§610. Determination of shareholders
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §611. Required vote of shareholders (REPEALED)

§611. Required vote of shareholders
(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
2023 Maine Revised Statutes › TITLE 13-A: MAINE BUSINESS CORPORATION ACT › Chapter 6: BYLAWS, SHAREHOLDERS AND VOTING › 13-A §611-A. Required vote of shareholders in certain business combinations (REPEALED)

§611-A. Required vote of shareholders in certain business combinations
(REPEALED)
SECTION HISTORY
PL 1987, c. 681 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).