Maine § 13-C §925 Effect of domestication

Maine Statutes

§ 13-C §925 — Effect of domestication

Maine § 13-C §925

Title 13-CMAINE BUSINESS CORPORATION ACT

Ch. 9DOMESTICATION AND CONVERSION

This text of Maine § 13-C §925 (Effect of domestication) 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 §925 (2026).

Text

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.