Maine Statutes
§ 13 §1502 — Existing cooperative groups
Any group incorporated under the law of this State and operating on a cooperative basis must file articles of amendment as required by Title 13‑C, and any unincorporated group operating on a cooperative basis in this State may elect by a vote of 2/3 of the members voting to secure the benefits of and be bound by this subchapter. The unincorporated group shall amend its bylaws to conform to the provisions of this subchapter and file articles of incorporation as required by section 1551.
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Legislative History
PL 2007, c. 231, §2 (AMD).
Nearby Sections
13
§ 13 §1501
Definitions§ 13 §1502
Existing cooperative groups§ 13 §1504
Laws not applicable§ 13 §1505
Taxation§ 13 §1506
Registration as dealers in securities§ 13 §1507
Limitation on return on capital§ 13 §1552
Who may incorporate§ 13 §1553
Purposes§ 13 §1554
Powers§ 13 §1555
Bylaws§ 13 §1556
Meetings