Maine § 13-C §953 Plan of entity conversion

Maine Statutes

§ 13-C §953 — Plan of entity conversion

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

1.Plan of entity conversion. A plan of entity conversion under section 952 must include:

2.Amendment of plan. A plan of entity conversion may also include a provision that the plan may be amended prior to the filing of articles of entity conversion, except that after approval of the plan by the shareholders the plan may not be amended to change:

3.Extrinsic facts. Terms of a plan of entity conversion may be made dependent upon facts objectively ascertainable outside the plan in accordance with section 121, subsection 10.

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1.
Plan of entity conversion.
A plan of entity conversion under section 952 must include:
2.
Amendment of plan.
A plan of entity conversion may also include a provision that the plan may be amended prior to the filing of articles of entity conversion, except that after approval of the plan by the shareholders the plan may not be amended to change:
3.
Extrinsic facts.
Terms of a plan of entity conversion may be made dependent upon facts objectively ascertainable outside the plan in accordance with section 121, subsection 10.

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