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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 13: CORPORATIONS
Chapter 85: COOPERATIVES
13 §1691. Issuance and contents
Universal Citation:
13 ME Rev Stat § 1691 (2011 through 125th Legis)
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Part 2: CORPORATIONS WITHOUT CAPITAL
Subchapter 1: CONSUMER COOPERATIVES
§1691. Issuance and contents
No certificate for share or membership capital shall be issued until the par value thereof has been paid for in full. There shall be printed upon each certificate issued by an association a full or condensed statement of the requirements of sections pertaining to one-member-one-vote, no proxy and transfer of shares and membership.
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