Maine Statutes
§ 13 §2056 — Membership; voting power
If the association is organized without shares of stock, the articles shall state whether the voting power and the property rights and interest of each member are equal or unequal; and if unequal the general rule or rules applicable to all members by which the voting power and the property rights and interests, respectively, of each member may be and are determined and fixed; and shall provide for the admission of new members who shall be entitled to vote and to share in the property of the association with the old members, in accordance with such general rule or rules.
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Nearby Sections
15
§ 13 §2001
Short title§ 13 §2002
Purposes§ 13 §2003
Definitions§ 13 §2004
Nonprofit associations§ 13 §2005
General corporation law; applicability§ 13 §2006
Registration as dealers in securities§ 13 §2007
Anti-trust laws; exemption§ 13 §2008
Statutory construction§ 13 §2009
Merger or consolidation§ 13 §202
Reduction of capital stock§ 13 §2051
Authority to form association