Maine Revised Statutes Title 31 Sec. 7 – Inapplicable to corporations, limited partnerships or limited liability companies
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Terms Used In Maine Revised Statutes Title 31 Sec. 7
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Sections 1 and 2 do not apply to corporations, limited partnerships or limited liability companies. A corporation desiring to do business under an assumed name shall file a statement as provided in Title 13?C, section 404. A limited partnership desiring to do business under an assumed name shall file a statement as provided in section 1308, subsection 2. A limited liability company desiring to do business under an assumed name shall file a statement as provided in section 1510. [PL 2009, c. 629, Pt. A, §3 (AFF); PL 2009, c. 629, Pt. B, §7 (AMD).]
SECTION HISTORY
PL 1971, c. 439, §15 (NEW). RR 2001, c. 2, §B48 (COR). RR 2001, c. 2, §B58 (AFF). PL 2007, c. 535, Pt. A, §3 (AMD). PL 2007, c. 535, Pt. A, §7 (AFF). PL 2009, c. 629, Pt. A, §3 (AFF). PL 2009, c. 629, Pt. B, §7 (AMD).