LD 1539
pg. 93
Page 92 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 94 of 101
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LR 1942
Item 1

 
names of foreign nonprofit corporations to conform to the new name
availability standard under Title 13-C;

 
7. It makes the necessary changes to the Maine Nonprofit
Corporation Act for the name availability standard for assumed
and fictitious names to conform to the new name availability
standard under Title 13-C;

 
8. It makes the necessary changes to the Maine Nonprofit
Corporation Act for certificates of existence for foreign
corporations qualifying to carry on activities in this State to
conform to the similar changes under Title 13-C;

 
9. It provides for the automatic cancellation of authority of
foreign nonprofit corporations when they domesticate and convert
under Title 13-C, chapter 9;

 
10. It changes the time frame to correct a default before
revocation of authority from 30 to 60 days;

 
11. It repeals the fee for termination of a registered name
under Title 13-B;

 
12. It adds the terminology for a fictitious name used by a
foreign corporation when its real name is not available in this
State to the fee section of Title 13-B to conform to similar
provisions under Title 13-C;

 
13. It adds definitions for "close corporation," "facts
objectively ascertainable," "interest" and "interest holder";

 
14. It adds other statutory references to the definition of
"nonprofit corporation";

 
15. It adds "extrinsic facts" to clarify that all documents
submitted for filing must be legible and printed in ink and
establishes outer boundaries of extrinsic facts that can be
referred to in a filed document or a plan;

 
16. It clarifies the amount of the fee for a change in the
name of the current clerk or registered agent. The bill adds
language for an amended annual report and for a certificate of
fact;

 
17. It adds language to provide for a termination of a
fictitious name;

 
18. It clarifies that a copy of the document being corrected
does not have to be attached to the articles of


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