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2012 Maine Revised Statutes
TITLE 13: CORPORATIONS
Chapter 3: FORMATION, CERTIFICATES AND MEETINGS
13 §42. Capital stock; record of owners


13 ME Rev Stat § 42 (2012 through 125th Legis) What's This?

Part 1: CORPORATIONS GENERALLY

Subchapter 1: ORGANIZATION UNDER SPECIAL ACT

§42. Capital stock; record of owners

The capital of corporations incorporated by special Act of the Legislature must be fixed and divided into shares. The names of the owners and the number of shares owned by each must be entered of record at the first meeting. The capital may be subsequently increased as provided in Title 13-C, chapter 10, by an appropriate amendment to its articles of incorporation. [RR 2001, c. 2, Pt. B, §25 (COR); RR 2001, c. 2, Pt. B, §58 (AFF).]

SECTION HISTORY

1971, c. 439, §11 (AMD). RR 2001, c. 2, §B25 (COR). RR 2001, c. 2, §B58 (AFF).

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