Maine § 13-C §1101 Definitions

Maine Statutes

§ 13-C §1101 — Definitions

Maine § 13-C §1101

Title 13-CMAINE BUSINESS CORPORATION ACT

Ch. 11MERGERS AND SHARE EXCHANGES

This text of Maine § 13-C §1101 (Definitions) 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-C, § 13-C §1101 (2026).

Text

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.

1.Eligible entity. "Eligible entity" means a domestic or foreign unincorporated entity or a domestic or foreign nonprofit corporation.

2.Eligible interests. "Eligible interests" means interests and memberships.

3.Merger. "Merger" means a business combination pursuant to section 1102.

4.Party to a merger or party to a share exchange. "Party to a merger" or "party to a share exchange" means any domestic or foreign corporation or eligible entity that will:

5.Share exchange. "Share exchange" means a business combination pursuant to section 1103.

6.Survivor. "Survivor" in a merger means the corporation or eligible entity into which one or more other corporations or eligible en

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As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.
1.
Eligible entity.
"Eligible entity" means a domestic or foreign unincorporated entity or a domestic or foreign nonprofit corporation.
2.
Eligible interests.
"Eligible interests" means interests and memberships.
3.
Merger.
"Merger" means a business combination pursuant to section 1102.
4.
Party to a merger or party to a share exchange.
"Party to a merger" or "party to a share exchange" means any domestic or foreign corporation or eligible entity that will:
5.
Share exchange.
"Share exchange" means a business combination pursuant to section 1103.
6.
Survivor.
"Survivor" in a merger means the corporation or eligible entity into which one or more other corporations or eligible entities are merged. A survivor of a merger may preexist the merger or be created by the merger.