LD 1539
pg. 44
Page 43 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 45 of 101
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LR 1942
Item 1

 
required by chapter 10 to be included in restated articles of
incorporation of a domestic business corporation may be
omitted.

 
Sec. B-87. 13-C MRSA §1003, sub-§§5 and 6, as enacted by PL 2001, c.
640, Pt. A, §2 and affected by Pt. B, §7, are amended to read:

 
5. Approval by majority. Unless the articles of
incorporation or the board of directors, acting pursuant to
subsection 3, requires a greater vote, approval of the amendment
requires the approval of the shareholders by a majority of all
the votes entitled to be cast on the amendment by the
shareholders. If and, if any class or series is entitled to vote
as a separate voting group on the amendment, except as provided
in section 1004, subsection 3, the amendment requires the
approval of each separate voting group by a majority of all the
votes entitled to be cast on the amendment by that voting group.
The articles of incorporation may provide that an amendment may
be approved by a lesser vote of each voting group entitled to
vote on the amendment, but in no case less than a majority of the
votes cast by that voting group at a meeting at which there
exists, for each such voting group, a quorum consisting of at
least a majority of the votes entitled to be cast on the
amendment by each voting group entitled to vote on the amendment.

 
6. Consent of shareholders. The articles of incorporation
may be amended An amendment to the articles of incorporation may
be approved by written consent of all shareholders entitled to
vote on the amendment, as provided by in section 704, subsection
1; if a unanimous written consent is given.__If the amendment is
approved by written consent of all shareholders, whether or not
entitled to vote, a resolution of the board of directors
proposing the amendment is not necessary.

 
Sec. B-88. 13-C MRSA §1005, sub-§3, as enacted by PL 2001, c. 640, Pt.
A, §2 and affected by Pt. B, §7, is amended to read:

 
3. Initial registered clerk or registered office. To delete
the name and address of the initial registered agent clerk or
registered office, if a statement of change is on file with the
Secretary of State;

 
Sec. B-89. 13-C MRSA §1005, sub-8, as enacted by PL 2001, c. 640, Pt.
A, §2 and affected by Pt. B, §7, is amended to read:

 
8. Make approved changes. To make any change expressly
permitted by section 602, subsection 4 subsections 1 and 2-A to
be made without shareholder approval.


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