Terms Used In Maine Revised Statutes Title 13 Sec. 934

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • 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.
  • Majority: when used in reference to age shall mean the age of 18 and over. See Maine Revised Statutes Title 1 Sec. 72
In addition to any other method provided by law, a corporation organized under this chapter, including specially chartered churches, but not other specially chartered corporations, may change the number of its officers, directors, trustees or members of its managing board, however designated, and change its purposes by altering, abridging or enlarging the same, and make any other changes in its certificate of organization as originally filed or subsequently amended that may be desired, if such changes would be proper to insert in an original certificate of organization. The change must be made by vote of a majority of those members with voting rights present at, or if the corporation does not have members with voting rights, then by a majority vote of its whole board of directors or trustees or managing board, however designated, taken at any legal meeting. The notice of the meeting must give notice of the proposed action. If the corporation amends any provision of any certificate filed with the Secretary of State, the corporation must promptly deliver for filing with the Secretary of State a certificate of amendment signed and dated by the clerk or secretary of the corporation. [PL 2003, c. 523, §4 (AMD).]
SECTION HISTORY

PL 1969, c. 225, §13 (AMD). PL 1971, c. 373, §1 (RPR). PL 1971, c. 544, §40 (AMD). PL 1971, c. 565, §§6,7 (AMD). PL 1973, c. 409 (AMD). PL 1977, c. 522, §3 (AMD). PL 1977, c. 525, §6 (AMD). PL 1977, c. 592, §4 (AMD). PL 2003, c. 523, §4 (AMD).