Maine Revised Statutes Title 20-A Sec. 6912 – Liberal construction
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Terms Used In Maine Revised Statutes Title 20-A Sec. 6912
- 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 may be construed liberally to effect the interest and purpose of the corporation for an improved and expanded school-to-work and skills training system in the State and may be broadly interpreted to effect the corporation’s intent and purpose and not as a limitation of powers. [PL 1993, c. 348, §1 (NEW).]
SECTION HISTORY
PL 1993, c. 348, §1 (NEW).