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Maine · Through October 1, 2025

13-B M.R.S. §1108: Discontinuance of liquidation proceedings

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Where this section sits in the code
  1. TITLE 13-B: MAINE NONPROFIT CORPORATION ACT
  2. CHAPTER 11: DISSOLUTION

The liquidation of the assets and activities of a corporation may be discontinued at any time during the liquidation proceedings when it is established that cause for liquidation no longer exists. In such event, the court shall dismiss the proceedings and direct the receiver to redeliver to the corporation all its remaining property and assets.

Collected 2026-09-04T15:12:27Z. Source file · JSON

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