Maine § 31 §1431 Definitions

Maine Statutes

§ 31 §1431 — Definitions

Maine § 31 §1431

Title 31PARTNERSHIPS AND ASSOCIATIONS

Ch. 19UNIFORM LIMITED PARTNERSHIP ACT

This text of Maine § 31 §1431 (Definitions) 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. 31, § 31 §1431 (2026).

Text

As used in this subchapter, the following terms have the following meanings.

1.Constituent limited partnership. "Constituent limited partnership" means a constituent organization that is a limited partnership.

2.Constituent organization. "Constituent organization" means an organization that is party to a merger.

3.Converted organization. "Converted organization" means the organization into which a converting organization converts pursuant to sections 1432 to 1435.

4.Converting limited partnership. "Converting limited partnership" means a converting organization that is a limited partnership.

5.Converting organization. "Converting organization" means an organization that converts into another organization pursuant to section 1432.

6.General partner. "General partner" means a general p

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As used in this subchapter, the following terms have the following meanings.
1.
Constituent limited partnership.
"Constituent limited partnership" means a constituent organization that is a limited partnership.
2.
Constituent organization.
"Constituent organization" means an organization that is party to a merger.
3.
Converted organization.
"Converted organization" means the organization into which a converting organization converts pursuant to sections 1432 to 1435.
4.
Converting limited partnership.
"Converting limited partnership" means a converting organization that is a limited partnership.
5.
Converting organization.
"Converting organization" means an organization that converts into another organization pursuant to section 1432.
6.
General partner.
"General partner" means a general partner of a limited partnership.
7.
Governing statute.
"Governing statute" of an organization means the statute that governs the organization's internal affairs.
8.
Organization.
"Organization" means a general partnership, including a limited liability partnership; limited partnership, including a limited liability limited partnership; limited liability company; business trust; corporation; or any other person having a governing statute. "Organization" includes domestic and foreign organizations whether or not organized for profit.
9.
Organizational documents.
"Organizational documents" means:
10.
Personal liability.
"Personal liability" means personal liability for a debt, liability or other obligation of an organization that is imposed on a person that co-owns, has an interest in or is a member of the organization:
11.
Surviving organization.
"Surviving organization" means an organization into which one or more other organizations are merged. A surviving organization may preexist the merger or be created by the merger.