Maine Statutes

§ 13-C §1303 — Limitations on appraisal rights

Maine·Title 13-C MAINE BUSINESS CORPORATION ACT·Ch. 13 APPRAISAL RIGHTS

Notwithstanding section 1302, the availability of appraisal rights under section 1302, subsections 1 to 4, 6 and 8 is limited in accordance with this section.

1.National listing; specific market value. Appraisal rights are not available for the holders of shares of any class or series of shares that:
2.Date of determination. The applicability of subsection 1 is determined as of:
3.Exception. Notwithstanding subsection 1, appraisal rights are available pursuant to section 1302 for the shareholders of any class or series of shares:

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Legislative History

PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF). PL 2005, c. 302, §§4,5 (AMD). PL 2007, c. 289, §32 (AMD). PL 2011, c. 274, §§63, 64 (AMD).

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