Terms Used In Maine Revised Statutes Title 13 Sec. 3165

  • 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.
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).