Maine Revised Statutes Title 13-C Sec. 841 – Offices
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1. Offices. A corporation has the offices described in its bylaws or designated by the corporation’s board of directors in accordance with the bylaws.
[PL 2003, c. 631, §19 (AMD).]
Terms Used In Maine Revised Statutes Title 13-C Sec. 841
- 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. Appointment of officers. The board of directors may elect individuals to fill one or more offices of the corporation. An officer may appoint one or more officers or assistant officers if authorized by the bylaws or the corporation’s board of directors.
[PL 2003, c. 631, §19 (AMD).]
3. Responsibility for minutes and shareholder records. The bylaws or the corporation’s board of directors shall assign to one of the officers responsibility for preparing minutes of the directors’ and shareholders’ meetings and for maintaining and authenticating the records of the corporation that section 1601, subsections 1 and 3 require to be kept.
[PL 2003, c. 631, §19 (AMD).]
4. Multiple positions. The same individual may simultaneously hold more than one office in a corporation.
[PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]
SECTION HISTORY
PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF). PL 2003, c. 631, §19 (AMD).