13 M.R.S. §2814: Continuation for 10 years after final division
Where this section sits in the code
- TITLE 13: CORPORATIONS
- PART 2: CORPORATIONS WITHOUT CAPITAL
- CHAPTER 91: PROPRIETORS OF LANDS AND WHARVES
- 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