Maine § 13 §2061 Members; financial rights and obligations

Maine Statutes

§ 13 §2061 — Members; financial rights and obligations

Maine § 13 §2061

Title 13CORPORATIONS

Part 2CORPORATIONS WITHOUT CAPITAL

Ch. 87FISH MARKETING ASSOCIATIONS

This text of Maine § 13 §2061 (Members; financial rights and obligations) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 13, § 13 §2061 (2026).

Text

The bylaws may provide:

1.Fees. The amount of entrance, organization and membership fees, if any; the manner and method of collection of the same; and the purposes for which they may be used;

2.Members' payments. The amount that each member is required to pay annually, or from time to time, if at all, to carry on the business of the association; the charge, if any, to be paid by each member for services rendered by the association to the member and the time of payment and the manner of collection; and the marketing contract between the association and its members, which every member may be required to sign;

3.Dividends. The amount of any dividends which may be declared on the stock or membership capital, which dividends shall not exceed 8% per annum and which dividends shall be in the n

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The bylaws may provide:
1.
Fees.
The amount of entrance, organization and membership fees, if any; the manner and method of collection of the same; and the purposes for which they may be used;
2.
Members' payments.
The amount that each member is required to pay annually, or from time to time, if at all, to carry on the business of the association; the charge, if any, to be paid by each member for services rendered by the association to the member and the time of payment and the manner of collection; and the marketing contract between the association and its members, which every member may be required to sign;
3.
Dividends.
The amount of any dividends which may be declared on the stock or membership capital, which dividends shall not exceed 8% per annum and which dividends shall be in the nature of interest and shall not affect the nonprofit character of any association organized under this chapter.