Maine Statutes
§ 13 §2151 — Qualifications
Under the terms and conditions prescribed in the bylaws, an association may admit as members, or issue common stock to, only such persons as are engaged in the fishery business, including the lessees and tenants of boats and equipment used in such fishery business and any lessors and landlords who receive as rent all or part of the fish produced by such leased equipment.
If a member of a nonstock association is other than a natural person, such member may be represented by any individual duly authorized in writing.
One association may become a member or stockholder of any other association.
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Nearby Sections
15
§ 13 §2101
Board of directors§ 13 §2102
-- meetings§ 13 §2103
-- vacancies§ 13 §2105
Compensation§ 13 §2106
Charges; petition§ 13 §2107
Notice; hearing§ 13 §2108
Vote; time; majority required§ 13 §2151
Qualifications§ 13 §2152
Certificate§ 13 §2153
Liability for debts§ 13 §2154
Meetings; place§ 13 §2155
Expulsion; payment for interest§ 13 §2191
Payment; common; ownership limitations