Maine Revised Statutes > Title 13-C > Chapter 10 > Subchapter 2 – Amendment of Bylaws
Current as of: 2023 | Check for updates
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Other versions
| § 1020 | Amendment by board of directors or shareholders |
| § 1021 | Bylaw increasing quorum or voting requirement for directors |
Terms Used In Maine Revised Statutes > Title 13-C > Chapter 10 > Subchapter 2 - Amendment of Bylaws
- 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.
- Attorney: as used in this chapter , refers to the attorney-in-fact of a reciprocal insurer. See Maine Revised Statutes Title 24-A Sec. 3855
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- 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.
- Department: means the Department of Health and Human Services. See Maine Revised Statutes Title 22 Sec. 1-A
- Quorum: The number of legislators that must be present to do business.
- United States: includes territories and the District of Columbia. See Maine Revised Statutes Title 1 Sec. 72