5. Application to renew registered name. Application to renew the registration of a registered name, as provided by section 303 303-A, $50;

Sec. B-24. 13-B MRSA §1401, sub-§5-A, as enacted by PL 1993, c. 316, §45, is repealed.

Sec. B-25. 13-B MRSA §1401, sub-§10-A, as enacted by PL 1983, c. 86, §5, is amended to read:

10-A. Assumed or fictitious name statement. Assumed or fictitious name statement, as provided by section 308 308-A, $5;

Sec. B-26. 13-B MRSA §1401, sub-§10-B, as enacted by PL 1993, c. 316, §45, is amended to read:

10-B. Termination of assumed or fictitious name. Termination of assumed or fictitious name, as provided by section 308 308-A, subsection 7 8, $5;

Sec. B-27. 13-B MRSA §1401, sub-§30, as amended by PL 1991, c. 780, Pt. U, §21, is repealed.

Sec. B-28. 13-C MRSA §101, as enacted by PL 2001, c. 640, Pt. A, §2 and affected by Pt. B, §7, is amended to read:

§101. Short title

This Act Title may be known and cited as the "Maine Business Corporation Act."

Sec. B-29. 13-C MRSA §102, sub-§2-A is enacted to read:

2-A.__Close corporation.__"Close corporation" means a corporation that, at any given time, has not more than 20 shareholders of all classes of shares, whether or not the shareholders are entitled to vote.__For purposes of determining whether a corporation is a close corporation, 2 or more persons owning shares of record in their names as joint tenants are counted as a single shareholder.

Sec. B-30. 13-C MRSA §102, sub-§§18 and 19, as enacted by PL 2001, c. 640, Pt. A, §2 and affected by Pt. B, §7, are amended to read: