Maine § 13-B §1303 False and misleading statements in documents required to be filed with Secretary of State

Maine Statutes

§ 13-B §1303 — False and misleading statements in documents required to be filed with Secretary of State

Maine § 13-B §1303

Title 13-BMAINE NONPROFIT CORPORATION ACT

Ch. 13ANNUAL REPORTS: POWERS OF SECRETARY OF STATE; EXCUSE; MISCELLANEOUS

This text of Maine § 13-B §1303 (False and misleading statements in documents required to be filed with Secretary of State) 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 §1303 (2026).

Text

1.Penalties. No person shall sign any document required or permitted to be delivered for filing with the Secretary of State by any corporation, domestic or foreign, when that person knows that the document contains any untrue statement of a material fact or omits to state a material fact necessary in order to make the statements contained in the document, when considered in the light of the circumstances under which they were made, not misleading. Any violation of this subsection shall be a civil violation for which a forfeiture of not more than $25 may be adjudged.

2.Liable. Any person who violates subsection 1 shall be liable to any person who is damaged thereby.

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1.
Penalties.
No person shall sign any document required or permitted to be delivered for filing with the Secretary of State by any corporation, domestic or foreign, when that person knows that the document contains any untrue statement of a material fact or omits to state a material fact necessary in order to make the statements contained in the document, when considered in the light of the circumstances under which they were made, not misleading. Any violation of this subsection shall be a civil violation for which a forfeiture of not more than $25 may be adjudged.
2.
Liable.
Any person who violates subsection 1 shall be liable to any person who is damaged thereby.