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2012 Maine Revised Statutes
TITLE 13: CORPORATIONS
Chapter 91: PROPRIETORS OF LANDS AND WHARVES
13 §2814. Continuation for 10 years after final division


13 ME Rev Stat § 2814 (2012 through 125th Legis) What's This?

Part 2: CORPORATIONS WITHOUT CAPITAL

Subchapter 4: MISCELLANEOUS

§2814. Continuation for 10 years after final division

A final division shall not dissolve the corporation until 10 years thereafter; but the last proprietors in common and their heirs shall continue in their corporate capacity for the collection and payment of all debts due to or owing by the corporation; and may call and hold meetings, and vote assessments to pay their debts and all other charges necessary for closing their business.

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