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Terms Used In Maine Revised Statutes Title 13-B Sec. 306-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.
Service of process, notice or demand required or permitted by law on a nonprofit corporation is governed by Title 5, section 113. [PL 2007, c. 323, Pt. B, §6 (NEW); PL 2007, c. 323, Pt. G, §4 (AFF).]
SECTION HISTORY

PL 2007, c. 323, Pt. B, §6 (NEW). PL 2007, c. 323, Pt. G, §4 (AFF).