Maine § 13-C §925 Effect of domestication

Maine Statutes

§ 13-C §925 — Effect of domestication

Maine·Title 13-C MAINE BUSINESS CORPORATION ACT·Ch. 9 DOMESTICATION AND CONVERSION

1.Domestication of foreign business corporation. When a domestication in this State of a foreign business corporation, referred to in this subsection as the "corporation," becomes effective:

2.Domestication of domestic business corporation. When a domestication of a domestic business corporation in a foreign jurisdiction becomes effective, that foreign business corporation is deemed to:

3.Owner liability. The owner liability of a shareholder in a foreign business corporation that is domesticated in this State, referred to in this subsection as the "corporation," is as provided in this subsection.

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1.
Domestication of foreign business corporation.
When a domestication in this State of a foreign business corporation, referred to in this subsection as the "corporation," becomes effective:
2.
Domestication of domestic business corporation.
When a domestication of a domestic business corporation in a foreign jurisdiction becomes effective, that foreign business corporation is deemed to:
3.
Owner liability.
The owner liability of a shareholder in a foreign business corporation that is domesticated in this State, referred to in this subsection as the "corporation," is as provided in this subsection.

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