Maine Statutes
§ 13-C §724 — Shares held by nominees
1.Recognition of beneficial owner as shareholder.
A corporation may establish a procedure by which the beneficial owner of shares that are registered in the name of a nominee is recognized by the corporation as the shareholder. The extent of this recognition may be determined in the procedure.
2.Procedure for recognition.
The procedure under subsection 1 may set forth:
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Legislative History
PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF). RR 2013, c. 2, §23 (COR).
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New election if objections filed