Maine Statutes
§ 13-C §1325 — Payment
Maine § 13-C §1325
This text of Maine § 13-C §1325 (Payment) 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 §1325 (2026).
Text
1.Fair value.
Except as provided in section 1326, within 30 days after the form required by section 1323, subsection 2, paragraph B, subparagraph (2) is due, a corporation shall pay in cash to those shareholders who complied with section 1324, subsection 1 the amount the corporation estimates to be the fair value of their shares, plus interest.
2.Additional information.
The payment to each shareholder pursuant to subsection 1 must be accompanied by:
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Legislative History
PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF). PL 2007, c. 289, §40 (AMD).
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Bluebook (online)
Maine § 13-C §1325, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/13-C%20%C2%A71325.