13-B M.R.S. §701-A: Board of directors of a nonprofit housing corporation
Where this section sits in the code
- TITLE 13-B: MAINE NONPROFIT CORPORATION ACT
- CHAPTER 7: DIRECTORS AND OFFICERS
A corporation organized under this Title that has an ownership interest in any multifamily rental housing shall include on its board of directors, at a minimum, one current tenant of such housing. If the corporation is unable to find a tenant to serve as a director, it shall advertise the position to current tenants on an annual basis. The name and contact information of the tenant director must be posted in a public location in each building in which the corporation has an interest. This section does not apply to a corporation that only provides emergency shelter or short-term transitional housing.
Collected 2026-09-04T15:12:27Z. Source file · JSON