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2018 Maine Revised Statutes
TITLE 13-B: MAINE NONPROFIT CORPORATION ACT
Chapter 6: BYLAWS AND VOTING
13-B §601. Bylaws
Universal Citation: 13-B ME Rev Stat § 601 (2018)
§601. Bylaws
The initial bylaws of a corporation shall be adopted by its incorporators or its board of directors. The power to alter, amend or repeal the bylaws or adopt new bylaws shall be vested in the board of directors unless otherwise provided in the articles of incorporation or the bylaws. The bylaws may contain any provisions for the regulation and management of the activities of a corporation not inconsistent with law or the articles of incorporation. [1979, c. 127, §100 (AMD).]
SECTION HISTORY
1977, c. 525, §13 (NEW). 1979, c. 127, §100 (AMD).
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