Maine Statutes
§ 13 §2814 — Continuation for 10 years after final division
Maine·Title 13 CORPORATIONS·Part 2 CORPORATIONS WITHOUT CAPITAL·Ch. 91 PROPRIETORS OF LANDS AND WHARVES
A final division shall not dissolve the corporation until 10 years thereafter; but the last proprietors in common and their heirs shall continue in their corporate capacity for the collection and payment of all debts due to or owing by the corporation; and may call and hold meetings, and vote assessments to pay their debts and all other charges necessary for closing their business.
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Nearby Sections
15
§ 13 §281
Filing of petition§ 13 §2811
Prosecution and defense of actions§ 13 §2812
Assessment collected by forced sale§ 13 §2813
Right of redemption§ 13 §284
Appeals; lien of appellant§ 13 §2861
Meeting to form parish§ 13 §2861-A
Bylaws; disposal of assets§ 13 §2862
Organization; name§ 13 §2863
Property and bylaws§ 13 §2864
Insurance; losses