Maine § 13-B §1406 Public and mutual benefit corporation

Maine Statutes

§ 13-B §1406 — Public and mutual benefit corporation

Maine·Title 13-B MAINE NONPROFIT CORPORATION ACT·Ch. 14 FEES

1.Public benefit corporation. A domestic corporation subject to this Act is a public benefit corporation if:

2.Mutual benefit corporation. A domestic corporation other than one described in subsection 1 is a mutual benefit corporation.

3.Filings by corporation existing on effective date. Not later than January 1, 2004, a domestic corporation in existence on January 1, 2003 shall specify on a filing with the Secretary of State whether it is a public benefit corporation or a mutual benefit corporation.

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1.
Public benefit corporation.
A domestic corporation subject to this Act is a public benefit corporation if:
2.
Mutual benefit corporation.
A domestic corporation other than one described in subsection 1 is a mutual benefit corporation.
3.
Filings by corporation existing on effective date.
Not later than January 1, 2004, a domestic corporation in existence on January 1, 2003 shall specify on a filing with the Secretary of State whether it is a public benefit corporation or a mutual benefit corporation.

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