Maine Statutes
§ 13-B §704-A — Removal of directors by judicial proceeding
Maine § 13-B §704-A
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).
Nearby Sections
15
§ 13 §1
Application§ 13 §101
Meetings by consent§ 13 §102
Meetings called by justice of peace§ 13 §103
Presiding officer§ 13 §1031
Unauthorized establishment; injunction§ 13 §1031-A
Definitions§ 13 §1032
Disposal of bodies§ 13 §1033
Vested rights§ 13 §1034
Jurisdiction§ 13 §1035
Penalties§ 13 §1036
Recovery of fines or penalties§ 13 §104
Proxies; general power of attorney§ 13 §105
Voting pledged stock§ 13 §107
New election if objections filedCite This Page — Counsel Stack
Bluebook (online)
Maine § 13-B §704-A, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/13-B%20%C2%A7704-A.