Maine § 31 §1503 Knowledge; notice

Maine Statutes

§ 31 §1503 — Knowledge; notice

Maine § 31 §1503

Title 31PARTNERSHIPS AND ASSOCIATIONS

Ch. 21LIMITED LIABILITY COMPANIES

This text of Maine § 31 §1503 (Knowledge; notice) 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 §1503 (2026).

Text

1.Knows. A person knows a fact when the person:

2.Notice. A person has notice of a fact when the person:

3.Notifies. A person notifies another of a fact by taking steps reasonably required to inform the other person in ordinary course, whether or not the other person knows the fact.

4.Nonmember; notice. A person that is not a member is deemed to have notice of a limited liability company's:

5.Member; knowledge, notice or receipt of notification. A member's knowledge, notice or receipt of a notification of a fact relating to the limited liability company is not knowledge, notice or receipt of a notification of a fact by the limited liability company solely by reason of the member's capacity as a member.

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1.
Knows.
A person knows a fact when the person:
2.
Notice.
A person has notice of a fact when the person:
3.
Notifies.
A person notifies another of a fact by taking steps reasonably required to inform the other person in ordinary course, whether or not the other person knows the fact.
4.
Nonmember; notice.
A person that is not a member is deemed to have notice of a limited liability company's:
5.
Member; knowledge, notice or receipt of notification.
A member's knowledge, notice or receipt of a notification of a fact relating to the limited liability company is not knowledge, notice or receipt of a notification of a fact by the limited liability company solely by reason of the member's capacity as a member.