Maine Revised Statutes Title 35-A Sec. 2108 – Corporations may hold real estate
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Terms Used In Maine Revised Statutes Title 35-A Sec. 2108
- Personal property: All property that is not real property.
- Real estate: includes lands and all tenements and hereditaments connected therewith, and all rights thereto and interests therein. See Maine Revised Statutes Title 1 Sec. 72
Corporations organized under section 2101 and former section 2109 may purchase, hold and convey real estate and personal property that are necessary for the purposes for which they are created. [PL 1999, c. 398, Pt. A, §32 (AMD); PL 1999, c. 398, Pt. A, §§104, 105 (AFF).]
SECTION HISTORY
PL 1987, c. 141, §A6 (NEW). PL 1999, c. 398, §A32 (AMD). PL 1999, c. 398, §§A104,105 (AFF).