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Maine · Through October 1, 2025

13-C M.R.S. §1433: Decree of dissolution

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Where this section sits in the code
  1. TITLE 13-C: MAINE BUSINESS CORPORATION ACT
  2. CHAPTER 14: DISSOLUTION
  3. SUBCHAPTER 3: JUDICIAL DISSOLUTION

1. Decree dissolving corporation. If after a hearing a court determines that one or more grounds for judicial dissolution described in section 1430 exist, it may enter a decree dissolving a corporation and specifying the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the Secretary of State, who shall file it.

2. Liquidation of corporation. After entering a decree of dissolution under subsection 1, the court shall direct the winding-up and liquidation of the corporation's business and affairs in accordance with section 1406 and the notification of claimants in accordance with sections 1407 and 1408.

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

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