Maine Statutes
§ 13 §42 — Capital stock; record of owners
Maine § 13 §42
JurisdictionMaine
Title 13CORPORATIONS
Part 1CORPORATIONS GENERALLY
Ch. 3FORMATION, CERTIFICATES AND MEETINGS
This text of Maine § 13 §42 (Capital stock; record of owners) 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 §42 (2026).
Text
The capital of corporations incorporated by special Act of the Legislature must be fixed and divided into shares. The names of the owners and the number of shares owned by each must be entered of record at the first meeting. The capital may be subsequently increased as provided in Title 13-C, chapter 10, by an appropriate amendment to its articles of incorporation.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
PL 1971, c. 439, §11 (AMD). RR 2001, c. 2, §B25 (COR). RR 2001, c. 2, §B58 (AFF).
Nearby Sections
15
§ 13 §1
Application§ 13 §101
Meetings by consent§ 13 §102
Meetings called by justice of peace§ 13 §103
Presiding officer§ 13 §1031
Unauthorized establishment; injunction§ 13 §1031-A
Definitions§ 13 §1032
Disposal of bodies§ 13 §1033
Vested rights§ 13 §1034
Jurisdiction§ 13 §1035
Penalties§ 13 §1036
Recovery of fines or penalties§ 13 §104
Proxies; general power of attorney§ 13 §105
Voting pledged stock§ 13 §107
New election if objections filedCite This Page — Counsel Stack
Bluebook (online)
Maine § 13 §42, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/13%20%C2%A742.