13-C M.R.S. §1008: Amendment pursuant to reorganization

1. Court ordered reorganization. A corporation's articles of incorporation may be amended without action by the board of directors or shareholders to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under the authority of a law of the United States.

2. Individual appointed by court. The individual or individuals designated by the court pursuant to subsection 1 shall deliver to the Secretary of State for filing articles of amendment setting forth:

A. The name of the corporation;

B. The text of each amendment approved by the court;

C. The date of the court's order or decree approving the articles of amendment;

D. The title of the reorganization proceeding in which the order or decree was entered; and

E. A statement that the court had jurisdiction of the proceeding under federal statute.

3. Final decree. This section does not apply after entry of a final decree in the reorganization proceeding even though the court retains jurisdiction of the proceeding for limited purposes unrelated to consummation of the reorganization plan.