Maine § 13-C §951 Definitions

Maine Statutes

§ 13-C §951 — Definitions

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

As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.

1.Converting entity. "Converting entity" means the domestic business corporation or domestic unincorporated entity that adopts a plan of entity conversion or the foreign unincorporated entity converting to a domestic business corporation.

2.Surviving entity. "Surviving entity" means the corporation or unincorporated entity as it continues in existence immediately after consummation of an entity conversion pursuant to this subchapter.

Free access — add to your briefcase to read the full text and ask questions with AI

As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.
1.
Converting entity.
"Converting entity" means the domestic business corporation or domestic unincorporated entity that adopts a plan of entity conversion or the foreign unincorporated entity converting to a domestic business corporation.
2.
Surviving entity.
"Surviving entity" means the corporation or unincorporated entity as it continues in existence immediately after consummation of an entity conversion pursuant to this subchapter.

Maine § 13-C §951 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.