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2012 Maine Revised Statutes
TITLE 13: CORPORATIONS
Chapter 9: CONTRACTS AND LIABILITIES
13 §331. Parol contracts


13 ME Rev Stat § 331 (2012 through 125th Legis) What's This?

Part 1: CORPORATIONS GENERALLY

§331. Parol contracts

Corporations are bound by parol contracts made by an agent authorized by vote or by their bylaws. Contracts may be implied from corporate acts or from the acts of the general agent.

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