{"data":{"id":"us-me/13-c-m.r.s.-1101","jurisdiction":"us-me","citation":"13-C M.R.S. §1101","heading":"Definitions","body":"As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.\n1.  Eligible entity.  \"Eligible entity\" means a domestic or foreign unincorporated entity or a domestic or foreign nonprofit corporation.\n2.  Eligible interests.  \"Eligible interests\" means interests and memberships.\n3.  Merger.  \"Merger\" means a business combination pursuant to section 1102.\n4.  Party to a merger or party to a share exchange.  \"Party to a merger\" or \"party to a share exchange\" means any domestic or foreign corporation or eligible entity that will:\nA.  Merge under a plan of merger;\nB.  Acquire shares or eligible interests of another corporation or an eligible entity in a share exchange; or\nC.  Have all of its shares or eligible interests or all of one or more classes or series of its shares or eligible interests acquired in a share exchange.\n5.  Share exchange.  \"Share exchange\" means a business combination pursuant to section 1103.\n6.  Survivor.  \"Survivor\" in a merger means the corporation or eligible entity into which one or more other corporations or eligible entities are merged.  A survivor of a merger may preexist the merger or be created by the merger.","path":["TITLE 13-C: MAINE BUSINESS CORPORATION ACT","CHAPTER 11: MERGERS AND SHARE EXCHANGES"],"source_url":"https://legislature.maine.gov/statutes/13-C/title13-Csec1101.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:27Z","sha256":"b0dd2886c4b8aa7d80a64f46eb3cc1eea8ba99f9b2653c6e10c130e1c14fe21d","source_id":"us-me","stale":false,"prev":"us-me/13-c-m.r.s.-1021","next":"us-me/13-c-m.r.s.-1102"},"notice":"GroundRules: Original legal text. Not legal advice."}