Maine Revised Statutes Title 5 Sec. 13210 – Termination of corporation
Current as of: 2023 | Check for updates
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The corporation is not dissolved until: [PL 2021, c. 631, §1 (NEW).]
1. Legislature provides for termination. It is terminated by the Legislature; and
[PL 2021, c. 631, §1 (NEW).]
2. Payment of bonds, premium and interest. The bonds, premium, if any, and interest have been paid or a sufficient amount for the payment of the bonds and interest to maturity or a prior redemption date have been irrevocably set aside in trust for the benefit of the bondholders.
[PL 2021, c. 631, §1 (NEW).]
SECTION HISTORY
PL 2021, c. 631, §1 (NEW).