Maine Statutes
§ 13 §762 — Termination of professional activities
Maine·Title 13 CORPORATIONS·Part 1 CORPORATIONS GENERALLY·Ch. 22-A MAINE PROFESSIONAL SERVICE CORPORATION ACT
If a professional corporation ceases to render professional services, it must amend its articles of incorporation to delete references to rendering professional services and to conform its corporate name to the requirements of Title 13-C, section 401. After the amendment becomes effective, the corporation may continue in existence as a business corporation under Title 13-C and the corporation is no longer subject to this Act.
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Legislative History
PL 2001, c. 640, §B2 (NEW). PL 2001, c. 640, §B7 (AFF).
Nearby Sections
15
§ 13 §701
Short title§ 13 §702
Intent§ 13 §703
Definitions§ 13 §704
Exemptions§ 13 §705
Corporate organization§ 13 §706
Method of organization§ 13 §707
Limitation§ 13 §708
Interpretation; liability§ 13 §708-A
Interpretation; liability§ 13 §709
Business transactions§ 13 §71
Purposes§ 13 §710
Capital stock§ 13 §711
Disqualifications§ 13 §712
Alienation of shares§ 13 §713
Corporate and assumed names