LD 1539
pg. 58
Page 57 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 59 of 101
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LR 1942
Item 1

 
4. Debt. That no debt of the corporation remains unpaid,
including the filing of the annual report as required by section
1621;

 
5. Net assets. That, if shares were issued, the net assets
of the corporation remaining after winding up have been
distributed to the shareholders; and

 
6. Authorization of dissolution. That a majority of the
incorporators or initial directors authorized the dissolution.;

 
Sec. B-104. 13-C MRSA §1401, sub-§§7 and 8 are enacted to read:

 
7.__Date authorized.__The date dissolution was authorized; and

 
8.__Effective date.__The effective date of the dissolution.__A
corporation is dissolved upon the effective date of its articles
of dissolution.

 
Sec. B-105. 13-C MRSA §1403, as enacted by PL 2001, c. 640, Pt. A,
§2 and affected by Pt. B, §7, is amended to read:

 
§1403. Dissolution by written consent of all

 
shareholders

 
A corporation may be voluntarily dissolved by unanimous
written consent of its shareholders, whether or not entitled to
vote by the corporation's articles of incorporation proposal to
dissolve may be approved by written consent of shareholders
entitled to vote as provided in section 704. If a unanimous
written consent is given the dissolution is approved by written
consent of all shareholders, whether or not entitled to vote, a
resolution of the corporation's board of directors proposing the
dissolution is not necessary.

 
Sec. B-106. 13-C MRSA §1404, sub-§1, ¶B, as enacted by PL 2001, c. 640,
Pt. A, §2 and affected by Pt. B, §7, is amended to read:

 
B. The date dissolution was authorized and the effective
date of the dissolution; and

 
Sec. B-107. 13-C MRSA §1405, sub-§3, as enacted by PL 2001, c. 640,
Pt. A, §2 and affected by Pt. B, §7, is amended to read:

 
3. Articles of revocation of dissolution. After the
revocation of dissolution is authorized, a corporation may revoke


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