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Maine · Through October 1, 2025

13 M.R.S. §2814: Continuation for 10 years after final division

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Where this section sits in the code
  1. TITLE 13: CORPORATIONS
  2. PART 2: CORPORATIONS WITHOUT CAPITAL
  3. CHAPTER 91: PROPRIETORS OF LANDS AND WHARVES
  4. SUBCHAPTER 4: MISCELLANEOUS

A final division shall not dissolve the corporation until 10 years thereafter; but the last proprietors in common and their heirs shall continue in their corporate capacity for the collection and payment of all debts due to or owing by the corporation; and may call and hold meetings, and vote assessments to pay their debts and all other charges necessary for closing their business.

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

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