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the Maine Revised Statutes
2010 Maine Code
TITLE 13-C: MAINE BUSINESS CORPORATION ACT
Chapter 2: INCORPORATION
13-C §206. Bylaws
Universal Citation:
13-C ME Rev Stat § 206 (2010 through 124th Legis)
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§206. Bylaws
1. Adoption of bylaws. The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation.
[ 2001, c. 640, Pt. A, §2 (NEW); 2001, c. 640, Pt. B, §7 (AFF) .]
2. Contents of bylaws. The bylaws of a corporation may contain any provision for managing the business and regulating the affairs of the corporation that is not inconsistent with law or its articles of incorporation.
[ 2001, c. 640, Pt. A, §2 (NEW); 2001, c. 640, Pt. B, §7 (AFF) .]
SECTION HISTORY
2001, c. 640, §A2 (NEW). 2001, c. 640, §B7 (AFF).
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