Maine § 13-B §1105 Dissolution pursuant to court order

Maine Statutes

§ 13-B §1105 — Dissolution pursuant to court order

Maine § 13-B §1105

Title 13-BMAINE NONPROFIT CORPORATION ACT

Ch. 11DISSOLUTION

This text of Maine § 13-B §1105 (Dissolution pursuant to court order) 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-B, § 13-B §1105 (2026).

Text

Courts of equity have full power to decree the dissolution of, and to liquidate the assets and affairs of, a corporation:

1.Action by member or director. In an action by a member or director when it is made to appear:

2.Action by creditor of corporation. In an action by a creditor of the corporation: 2-A. Action by Attorney General regarding public benefit corporation. In an action brought to court by the Attorney General relating to a public benefit corporation, if it is established that:

3.Complaint. Upon complaint by a corporation to have its dissolution continued under the supervision of the court; and

4.Liquidation of affairs precedes entry of decree. When an action has been filed by the Attorney General to dissolve a corporation and it is established that liquidation of its affai

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Courts of equity have full power to decree the dissolution of, and to liquidate the assets and affairs of, a corporation:
1.
Action by member or director.
In an action by a member or director when it is made to appear:
2.
Action by creditor of corporation.
In an action by a creditor of the corporation:
2-A.
Action by Attorney General regarding public benefit corporation.
In an action brought to court by the Attorney General relating to a public benefit corporation, if it is established that:
3.
Complaint.
Upon complaint by a corporation to have its dissolution continued under the supervision of the court; and
4.
Liquidation of affairs precedes entry of decree.
When an action has been filed by the Attorney General to dissolve a corporation and it is established that liquidation of its affairs should precede the entry of a decree of dissolution.
5.
Proceedings brought in county where registered.
A proceeding under this section must be brought in the county in which the registered office or the principal office of the corporation is situated. It is not necessary to make directors or members parties to such an action or proceeding unless relief is sought against them personally.