Maine § 13-C §625 Share options

Maine Statutes

§ 13-C §625 — Share options

Maine § 13-C §625

Title 13-CMAINE BUSINESS CORPORATION ACT

Ch. 6SHARES AND DISTRIBUTIONS

This text of Maine § 13-C §625 (Share options) 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 §625 (2026).

Text

1.Board authority to issue options. A corporation may issue rights, options or warrants for the purchase of shares or other securities of the corporation. The corporation's board of directors shall determine:

2.Limitations based on holdings. The terms and conditions of these rights, options or warrants, including those outstanding on the effective date of this section, may include, without limitation, restrictions or conditions that:

3.Authorized officers. The board of directors may authorize one or more officers to:

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1.
Board authority to issue options.
A corporation may issue rights, options or warrants for the purchase of shares or other securities of the corporation. The corporation's board of directors shall determine:
2.
Limitations based on holdings.
The terms and conditions of these rights, options or warrants, including those outstanding on the effective date of this section, may include, without limitation, restrictions or conditions that:
3.
Authorized officers.
The board of directors may authorize one or more officers to: