Maine § 13-C §625 Share options

Maine Statutes

§ 13-C §625 — Share options

Maine·Title 13-C MAINE BUSINESS CORPORATION ACT·Ch. 6 SHARES AND DISTRIBUTIONS

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:

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