| | | E.__Any other person or entity, including employee stock | | ownership plans or programs and other employee ownership | | programs, that the licensing authority with jurisdiction | | over the professional corporation determines is qualified to | | hold shares of such a professional corporation. |
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| | | Sec. B-6. 13-B MRSA §101, as enacted by PL 1977, c. 525, §13, is | | amended to read: |
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| | | This Act shall Title may be known and may be cited as the | | "Maine Nonprofit Corporation Act." |
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| | | Sec. B-7. 13-B MRSA §102, sub-§§5-B, 6-A and 9-A are enacted to read: |
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| | | 5-B.__Entity.__"Entity" has the same meaning as set out in | | Title 13-C, section 102, subsection 11. |
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| | | 6-A.__Individual. "Individual" means a natural person. |
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| | | 9-A. Person. "Person" includes an individual and an entity. |
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| | | Sec. B-8. 13-B MRSA §301, as amended by PL 1997, c. 633, §4, is | | repealed. |
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| | | Sec. B-9. 13-B MRSA §301-A is enacted to read: |
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| | | 1.__Prohibition. A corporate name may not contain language | | stating or implying that the corporation is organized for a | | purpose other than that permitted by section 201 and the | | corporation's articles of incorporation. |
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| | | 2.__Distinguishable name. Except as authorized by subsections | | 3 and 4, a corporate name must be distinguishable on the records | | of the Secretary of State from: |
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| | | A.__The name of a corporation, limited liability company, | | limited liability partnership or limited partnership that is | | incorporated, organized or authorized to transact business | | or carry on activities in this State; |
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| | | B.__Assumed, fictitious, reserved and registered name | | filings for all entities; and |
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| | | C.__Marks registered under Title 10, chapter 301-A unless the | | registered owner or holder of the mark is the same |
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