Terms Used In Maine Revised Statutes Title 31 Sec. 807-A

  • 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.
Each registered limited liability partnership must have and shall continuously maintain a registered agent in this State as defined in Title 5, chapter 6-A. [PL 2007, c. 535, Pt. B, §8 (NEW).]
SECTION HISTORY

PL 2007, c. 535, Pt. B, §8 (NEW).