Maine Statutes

§ 31 §1551 — Admission of a member

Maine § 31 §1551
JurisdictionMaine
Title 31PARTNERSHIPS AND ASSOCIATIONS
Ch. 21LIMITED LIABILITY COMPANIES

This text of Maine § 31 §1551 (Admission of a member) 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 §1551 (2026).

Text

1.In connection with formation. In connection with the formation of a limited liability company, a person is admitted as a member of the limited liability company upon the later of:
2.After formation. After formation of a limited liability company, a person is admitted as a member of the limited liability company:
3.Admission without transferable interest or contribution. A person may be admitted as a member without acquiring a transferable interest and without making or being obligated to make a contribution to the limited liability company.

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Legislative History

PL 2009, c. 629, Pt. A, §2 (NEW). PL 2009, c. 629, Pt. A, §3 (AFF). PL 2011, c. 113, Pt. A, §10 (AMD).

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Bluebook (online)
Maine § 31 §1551, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/31%20%C2%A71551.