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Terms Used In Maine Revised Statutes Title 13-B Sec. 1307

  • 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.
Except as otherwise expressly provided by law, a nonprofit corporation shall not be required to obtain a license or to be registered to practice a profession or occupation. Any employee of such a corporation who practices or holds himself out to practice a profession or occupation shall be licensed or registered as required by law. [PL 1977, c. 525, §13 (NEW).]
SECTION HISTORY

PL 1977, c. 525, §13 (NEW).