LD 1810
pg. 15
Page 14 of 55 PUBLIC Law Chapter 630 Page 16 of 55
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LR 2559
Item 1

 
A.__The performance of properly delegated responsibilities by
one or more employees of the corporation whom the officer
reasonably believes to be reliable and competent in performing
the responsibilities delegated; and

 
B.__Information, opinions, reports or statements, including
financial statements and other financial data, prepared or
presented by:

 
(1)__One or more employees of the corporation whom the
officer reasonably believes to be reliable and
competent in the matters presented; or

 
(2)__Legal counsel, public accountants or other persons
retained by the corporation as to matters involving
skills or expertise the officer reasonably believes are
matters within the particular person's professional or
expert competence or as to which the particular person
merits confidence.

 
Sec. 22. 13-C MRSA §1104, sub-§4, as amended by PL 2003, c. 344, Pt.
B, §98, is further amended to read:

 
4. Notice of meeting. If the plan of merger or share
exchange under this chapter is required by the corporation's
articles of incorporation to be approved by the shareholders and
if the approval is to be given at a meeting of shareholders, the
corporation shall notify each shareholder, whether or not
entitled to vote, of the meeting of shareholders at which the
plan is to be submitted for approval. The notice must state that
the purpose or one of the purposes of the meeting is to consider
the plan and must contain or be accompanied by a copy or summary
of the plan. If the corporation is to be merged into an existing
corporation or eligible entity, the notice also must include or
be accompanied by a copy or summary of the articles of
incorporation or organizational documents of that corporation or
eligible entity. If the corporation is to be merged into a
corporation or eligible entity that is to be created pursuant to
the merger, the notice also must include or be accompanied by a
copy or a summary of the articles of incorporation or
organizational documents of the new corporation or eligible
entity;

 
Sec. 23. 13-C MRSA §1408, sub-§3, śC, as enacted by PL 2001, c. 640,
Pt. A, §2 and affected by Pt. B, §7, is amended to read:

 
C. A claimant whose claim is contingent on or is based on
an event occurring after the effective date of dissolution.


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