Maine Statutes

§ 13-B §1208 — Surrender of foreign corporation's authority to carry on activities in State

Maine·Title 13-B MAINE NONPROFIT CORPORATION ACT·Ch. 12 FOREIGN CORPORATIONS
1.Surrender of authority. A foreign corporation authorized to carry on activities in this State may surrender its authority by executing and delivering for filing, as provided in sections 104 and 106, an application for surrender of authority which shall set forth:
2.Termination of authority. The authority of the foreign corporation to carry on activities in this State shall terminate as of the date of filing by the Secretary of State of the application for surrender of authority.
3.Cancellation of authority. If a foreign nonprofit corporation files articles of domestication and conversion as set forth in Title 13‑C, chapter 9, its authority is cancelled automatically on the effective date of its domestication and conversion.

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Legislative History

PL 1977, c. 525, §13 (NEW). PL 2003, c. 344, §B19 (AMD).

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