Maine Statutes

§ 13-B §1101-A — Voluntary dissolution by incorporators

Maine·Title 13-B MAINE NONPROFIT CORPORATION ACT·Ch. 11 DISSOLUTION

A corporation that has not carried on activities may be voluntarily dissolved by its incorporator or incorporators at any time after the filing date of its articles of incorporation in the following manner.

1.Articles of dissolution. Articles of dissolution must be executed by a majority of the incorporators and delivered for filing, as provided by sections 104 and 106, and must set forth:
2.Corporation's existence ceases. On the filing date of the articles of dissolution, the existence of the corporation ceases.
3.No vote or action of directors. Dissolution pursuant to this section does not require any vote or action of the directors.

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Legislative History

PL 1995, c. 458, §9 (NEW). PL 2007, c. 231, §9 (AMD).

Nearby Sections

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