Maine Statutes

§ 13-B §704-A — Removal of directors by judicial proceeding

Maine § 13-B §704-A
JurisdictionMaine
Title 13-BMAINE NONPROFIT CORPORATION ACT
Ch. 7DIRECTORS AND OFFICERS

This text of Maine § 13-B §704-A (Removal of directors by judicial proceeding) 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 §704-A (2026).

Text

1.Removal. The Superior Court may remove any director of a corporation from office if the court finds that removal is in the best interest of the corporation and that:
2.Who may bring action. A petition for removal under subsection 1 may be filed by:
3.Place of filing. The petition for removal under subsection 2 must be filed:
4.Court action. The court that removes a director under this section may bar the director from serving on the board of directors for a period prescribed by the court.
5.Notice to Attorney General; Attorney General actions. If the members of a corporation or the Attorney General commences a proceeding under this section, the corporation is made a party defendant. If a public benefit corporation or its members commence a proceeding under subsection 1, the public b

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Legislative History

PL 2001, c. 550, §C13 (NEW). PL 2001, c. 550, §C29 (AFF).

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Bluebook (online)
Maine § 13-B §704-A, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/13-B%20%C2%A7704-A.