Maine Revised Statutes Title 13-B Sec. 801-A – Amendment before organizational meeting
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The articles of incorporation may be amended before the organizational meeting by the following procedures. [PL 1995, c. 458, §8 (NEW).]
1. Timing. The articles of incorporation may be amended:
A. If the initial directors were not named in the articles of incorporation, before the election of the initial directors; or [PL 1995, c. 458, §8 (NEW).]
B. If the initial directors were named in the articles of incorporation, before the organizational meeting of the board of directors required by section 406. [PL 1995, c. 458, §8 (NEW).]
[PL 1995, c. 458, §8 (NEW).]
Terms Used In Maine Revised Statutes Title 13-B Sec. 801-A
- 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.
2. Authority to amend. The articles of incorporation may be amended by:
A. The incorporator; or [PL 1995, c. 458, §8 (NEW).]
B. If there is more than one incorporator, by 2/3 of the incorporators. [PL 1995, c. 458, §8 (NEW).]
[PL 1995, c. 458, §8 (NEW).]
3. Accepted signature. If the incorporators do not sign the document, the Secretary of State shall accept the signature of either the clerk or secretary of the corporation.
[PL 1995, c. 458, §8 (NEW).]
SECTION HISTORY
PL 1995, c. 458, §8 (NEW).