Maine Statutes
§ 13 §1753 — Merger; consolidation
A cooperative affordable housing corporation may not consolidate or merge with another corporation other than a cooperative affordable housing corporation. Two or more cooperative affordable housing corporations may consolidate or merge in accordance with Title 13‑C, chapter 11. Cooperative affordable housing corporations may not engage in mergers or consolidation if such an action is undertaken for the purpose of circumventing section 1754, 1757, 1758 or 1761.
Free access — add to your briefcase to read the full text and ask questions with AI
Maine § 13 §1753 (Merger; consolidation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1993, c. 300, §1 (NEW). RR 2001, c. 2, §B29 (COR). RR 2001, c. 2, §B58 (AFF).
Nearby Sections
15
§ 13 §171
Formation of trusts forbidden§ 13 §173
Penalties§ 13 §1731
Procedure§ 13 §1741
Short title§ 13 §1742
Definitions§ 13 §1743
Application§ 13 §1744
Name; use of "cooperative"§ 13 §1748
Organizational meeting§ 13 §1749
Membership§ 13 §1750
Bylaws; minimum requirements§ 13 §1751
Membership shares; requirements