Maine Statutes
§ 31 §1598 — Power to bind limited liability company after dissolution
After dissolution, a limited liability company is bound by:
1.Act of authorized person if appropriate.
The act of a person authorized to wind up the affairs if the act is appropriate for winding up the limited liability company's activities; or
2.Act of authorized person if binding before dissolution.
The act of a person authorized to act on behalf of the limited liability company before dissolution if the act would have bound the limited liability company before dissolution, if the other party to the transaction did not have notice of the dissolution.
Free access — add to your briefcase to read the full text and ask questions with AI
Maine § 31 §1598 (Power to bind limited liability company after dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 2009, c. 629, Pt. A, §2 (NEW). PL 2009, c. 629, Pt. A, §3 (AFF).
Nearby Sections
15
§ 31 §1501
Short title§ 31 §1502
Definitions§ 31 §1503
Knowledge; notice§ 31 §1505
Capacities and powers§ 31 §1506
Governing law§ 31 §1507
Rules of construction§ 31 §1508
Limited liability company name§ 31 §1509
Reservation of name§ 31 §151
Limited partnership defined§ 31 §152
Formation