LD 1539
pg. 95
Page 94 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 96 of 101
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LR 1942
Item 1

 
31. It corrects grammar to be consistent with other
provisions relating to certificates of existence provided by
foreign corporations;

 
32. It changes language to clarify that a foreign corporation
may consent to the use of a registered name by any corporation
that is subject to the Maine Business Corporation Act, not just a
corporation that is incorporated under the Maine Business
Corporation Act;

 
33. It replaces language in the Maine Revised Statutes, Title
13-C, section 404, subsection 1 to conform to the model language
of real name versus true name from current Title 13-A;

 
34. It deletes language requiring the address of the
registered office on assumed or fictitious name filings and
deletes a reference to fictitious name relative to using an
assumed name in less than all locations of business;

 
35. It adds language to require additional information for a
foreign corporation filing a fictitious name;

 
36. It deletes language requiring the address of the
registered office on termination of assumed or fictitious name
filings;

 
37. It adds language about the duties of a clerk taken from
another section of the law. This change places all information
about the clerk into one section;

 
38. It requires a resigning clerk to include as part of the
filing, in addition to the corporate officer's name and title,
the address of the officer to whom the notice of resignation was
mailed. Additionally, it clarifies to whom the notice may be
sent. The bill clarifies the language for changing the name of
the current clerk and adds language about address requirements
for the registered office and clarifies the signature
requirements on any document that changes the clerk of the
corporation;

 
39. It clarifies that series, as well as classes, can be
specified in the articles of incorporation;

 
40. It provides that terms of shares may be dependent upon
extrinsic facts and terms of shares may vary among holders of the
same class or series;

 
41. It establishes that a board of directors may fix
provisions of series, as well as classes;


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