TITLE 13-C: MAINE BUSINESS CORPORATION ACT
- Chapter 10: AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
- 13-C §1001. Authority to amend
- 13-C §1002. Amendment before issuance of shares
- 13-C §1003. Amendment by board of directors and shareholders
- 13-C §1004. Voting on amendments by voting groups
- 13-C §1005. Amendment by board of directors
- 13-C §1006. Articles of amendment
- 13-C §1007. Restated articles of incorporation
- 13-C §1008. Amendment pursuant to reorganization
- 13-C §1009. Effect of amendment
- 13-C §1020. Amendment by board of directors or shareholders
- 13-C §1021. Bylaw increasing quorum or voting requirement for directors
- Chapter 11: MERGERS AND SHARE EXCHANGES
- 13-C §1101. Definitions
- 13-C §1102. Merger
- 13-C §1103. Share exchange
- 13-C §1104. Action on plan of merger or share exchange
- 13-C §1105. Merger between parent corporation and subsidiary corporation or between subsidiary corporations
- 13-C §1106. Articles of merger or share exchange
- 13-C §1107. Effect of merger or share exchange
- 13-C §1108. Abandonment of merger or share exchange
- 13-C §1109. Required vote of shareholders in certain business combinations
- 13-C §1110. Right of shareholders to receive payment for shares following control transaction
- Chapter 12: DISPOSITION OF ASSETS
- Chapter 13: APPRAISAL RIGHTS
- 13-C §1301. Definitions
- 13-C §1302. Appraisal rights
- 13-C §1303. Limitations on appraisal rights
- 13-C §1304. Limitation or elimination of appraisal rights in articles of incorporation
- 13-C §1305. Challenge by shareholder
- 13-C §1306. Assertion of appraisal rights
- 13-C §1321. Notice of appraisal rights
- 13-C §1322. Notice of intent to demand payment (REPEALED)
- 13-C §1322-A. Notice of intent to demand payment
- 13-C §1323. Appraisal notice and form
- 13-C §1324. Perfection of rights; right to withdraw
- 13-C §1325. Payment
- 13-C §1326. After-acquired shares
- 13-C §1327. Procedure if shareholder dissatisfied with payment or offer
- 13-C §1331. Court action
- 13-C §1332. Court costs and counsel fees
- Chapter 14: DISSOLUTION
- 13-C §1401. Dissolution by incorporators or initial directors
- 13-C §1402. Dissolution by board of directors and shareholders
- 13-C §1403. Dissolution by written consent of all shareholders
- 13-C §1404. Articles of dissolution
- 13-C §1405. Revocation of dissolution
- 13-C §1406. Effect of dissolution
- 13-C §1407. Known claims against dissolved corporation
- 13-C §1408. Other claims against dissolved corporation
- 13-C §1409. Court proceedings
- 13-C §1410. Duties of directors
- 13-C §1420. Grounds for administrative dissolution
- 13-C §1421. Procedure for and effect of administrative dissolution
- 13-C §1422. Reinstatement following administrative dissolution
- 13-C §1423. Appeal from denial of reinstatement
- 13-C §1424. Reinstatement of suspended corporate charter
- 13-C §1425. Revival of a domestic business corporation after dissolution
- 13-C §1430. Grounds for judicial dissolution
- 13-C §1431. Procedure for judicial dissolution
- 13-C §1432. Receivership
- 13-C §1433. Decree of dissolution
- 13-C §1434. Discretion of court to grant relief other than dissolution
- 13-C §1440. Deposit with Treasurer of State
- Chapter 15: FOREIGN CORPORATIONS
- 13-C §1501. Authority to transact business required
- 13-C §1502. Consequences of transacting business without authority
- 13-C §1503. Application for authority
- 13-C §1504. Amended application for authority
- 13-C §1505. Effect of authorization to transact business in this State
- 13-C §1506. Corporate name of foreign corporation
- 13-C §1507. Registered office and registered agent of foreign corporation (REPEALED)
- 13-C §1507-A. Registered agent of foreign corporation
- 13-C §1508. Change of registered office or registered agent of foreign corporation (REPEALED)
- 13-C §1509. Resignation of registered agent of foreign corporation (REPEALED)
- 13-C §1510. Service on foreign corporation (REPEALED)
- 13-C §1510-A. Service of process upon authorized foreign corporation
- 13-C §1521. Withdrawal of foreign corporation
- 13-C §1522. Automatic withdrawal upon certain conversions
- 13-C §1523. Withdrawal upon conversion to a nonfiling entity
- 13-C §1524. Transfer of authority
- 13-C §1531. Grounds for revocation (REPEALED)
- 13-C §1531-A. Grounds for revocation
- 13-C §1532. Procedure for and effect of revocation
- 13-C §1533. Appeal from revocation
- Chapter 16: RECORDS AND REPORTS
- 13-C §1601. Corporate records
- 13-C §1602. Inspection of records by shareholders
- 13-C §1603. Scope of inspection right
- 13-C §1604. Court-ordered inspection
- 13-C §1605. Inspection of records by directors
- 13-C §1606. Exception to notice requirement
- 13-C §1620. Financial statements for shareholders
- 13-C §1621. Annual report of domestic and foreign corporations; excuse
- 13-C §1622. Failure to file annual report; incorrect report; penalties
- 13-C §1623. Amended annual report of domestic or foreign corporations
- Chapter 17: TRANSITION PROVISIONS
- Chapter 1: GENERAL PROVISIONS
- 13-C §101. Short title
- 13-C §102. Definitions
- 13-C §103. Notice
- 13-C §104. Number of shareholders; householding
- 13-C §105. Reservation of power
- 13-C §121. Requirements for documents; extrinsic facts
- 13-C §122. Forms
- 13-C §123. Filing, service and copying fees
- 13-C §124. Expedited service
- 13-C §125. Effective time and date of document
- 13-C §126. Correcting filed document
- 13-C §127. Filing duty of Secretary of State
- 13-C §128. Appeal Secretary of State's refusal to file document
- 13-C §129. Evidentiary effect of copy of filed document
- 13-C §130. Certificate of existence; certificate of authority; certificate of fact
- 13-C §131. Penalty for signing false document
- 13-C §141. Powers
- 13-C §142. Access to Secretary of State's database
- 13-C §143. Publications
- Chapter 2: INCORPORATION
- Chapter 3: PURPOSES AND POWERS
- Chapter 4: NAME
- Chapter 5-A: CLERK
- Chapter 5: OFFICE AND CLERK
- Chapter 6: SHARES AND DISTRIBUTIONS
- 13-C §601. Authorized shares
- 13-C §602. Terms of class or series determined by board of directors
- 13-C §603. Issued and outstanding shares
- 13-C §604. Fractional shares
- 13-C §621. Subscription for shares before incorporation
- 13-C §622. Issuance of shares
- 13-C §623. Liability of shareholders
- 13-C §624. Share dividends
- 13-C §625. Share options
- 13-C §626. Form and content of certificates
- 13-C §627. Shares without certificates
- 13-C §628. Restriction on transfer of shares and other securities
- 13-C §629. Expense of issue
- 13-C §641. Shareholders' preemptive rights
- 13-C §642. Corporation's acquisition of its own shares
- 13-C §651. Distributions to shareholders
- Chapter 7: SHAREHOLDERS
- 13-C §701. Annual meeting
- 13-C §702. Special meeting
- 13-C §703. Court-ordered meeting
- 13-C §704. Action without meeting
- 13-C §705. Notice of meeting
- 13-C §706. Waiver of notice
- 13-C §707. Record date
- 13-C §708. Conduct of meeting
- 13-C §721. Shareholders list for meeting
- 13-C §722. Voting entitlement of shares
- 13-C §723. Proxies
- 13-C §724. Shares held by nominees
- 13-C §725. Corporation's acceptance of votes
- 13-C §726. Shares held by minor
- 13-C §727. Quorum and voting requirements for voting groups
- 13-C §728. Action by single and multiple voting groups
- 13-C §729. Greater quorum or voting requirements
- 13-C §730. Voting for directors; cumulative voting
- 13-C §731. Inspectors of election
- 13-C §741. Voting trusts
- 13-C §742. Voting agreements
- 13-C §743. Shareholder agreements
- 13-C §751. Definitions
- 13-C §752. Standing
- 13-C §753. Demand
- 13-C §754. Stay of proceedings
- 13-C §755. Dismissal
- 13-C §756. Discontinuance or settlement
- 13-C §757. Payment of expenses
- 13-C §758. Applicability to foreign corporations
- Chapter 8: DIRECTORS AND OFFICERS
- 13-C §801. Requirement; duties of board of directors
- 13-C §802. Qualifications of directors
- 13-C §803. Number and election of directors
- 13-C §804. Election of directors by certain classes of shareholders
- 13-C §805. Terms of directors
- 13-C §806. Staggered terms for directors
- 13-C §807. Resignation of directors
- 13-C §808. Removal of directors by shareholders
- 13-C §809. Removal of directors by judicial proceeding
- 13-C §810. Vacancy on board
- 13-C §811. Compensation of directors
- 13-C §821. Meetings
- 13-C §822. Action without meeting
- 13-C §823. Notice of meeting
- 13-C §824. Waiver of notice
- 13-C §825. Quorum and voting
- 13-C §826. Committees
- 13-C §831. Standards of conduct for directors
- 13-C §832. Standards of liability for directors
- 13-C §833. Director's liability for unlawful distributions
- 13-C §841. Offices
- 13-C §842. Functions of officers
- 13-C §843. Standards of conduct for officers
- 13-C §844. Resignation and removal of officers
- 13-C §845. Contract rights of officers
- 13-C §846. Clerk (REPEALED)
- 13-C §851. Definitions
- 13-C §852. Permissible indemnification
- 13-C §853. Mandatory indemnification
- 13-C §854. Advance for expenses
- 13-C §855. Court-ordered indemnification; advance for expenses
- 13-C §856. Determination and authorization of indemnification
- 13-C §857. Indemnification of officers
- 13-C §858. Insurance
- 13-C §859. Variation by corporate action; application of subchapter
- 13-C §860. Exclusivity of subchapter
- 13-C §871. Definitions
- 13-C §872. Judicial action
- 13-C §873. Directors' action
- 13-C §874. Shareholders' action
- 13-C §881. Business opportunities
- Chapter 9: DOMESTICATION AND CONVERSION
- 13-C §921. Domestication
- 13-C §922. Action on plan of domestication
- 13-C §923. Articles of domestication
- 13-C §924. Surrender of charter upon domestication
- 13-C §925. Effect of domestication
- 13-C §926. Abandonment of domestication
- 13-C §931. Nonprofit conversion
- 13-C §932. Action on plan of nonprofit conversion
- 13-C §933. Articles of nonprofit conversion
- 13-C §934. Surrender of charter upon foreign nonprofit conversion
- 13-C §935. Effect of nonprofit conversion
- 13-C §936. Abandonment of nonprofit conversion
- 13-C §941. Foreign nonprofit domestication and conversion
- 13-C §942. Articles of domestication and conversion
- 13-C §943. Effect of foreign nonprofit domestication and conversion
- 13-C §944. Abandonment of foreign nonprofit domestication and conversion
- 13-C §951. Definitions
- 13-C §952. Entity conversion authorized
- 13-C §953. Plan of entity conversion
- 13-C §954. Action on plan of entity conversion
- 13-C §955. Articles of entity conversion
- 13-C §956. Surrender of charter upon conversion
- 13-C §957. Effect of entity conversion
- 13-C §958. Abandonment of entity conversion