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

Maine Statutes

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

Maine § 13-B §1406

Title 13-BMAINE NONPROFIT CORPORATION ACT

Ch. 14FEES

This text of Maine § 13-B §1406 (Public and mutual benefit corporation) 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 §1406 (2026).

Text

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.