Terms Used In Maine Revised Statutes Title 10 Sec. 1160-A

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
This chapter does not apply to any nonprofit corporation incorporated under the laws of this State and subject to the provisions of Title 13, chapter 81 or 93 or the Maine Nonprofit Corporation Act. [PL 2007, c. 171, §1 (NEW).]
SECTION HISTORY

PL 2007, c. 171, §1 (NEW).