{"data":{"id":"us-me/13-c-m.r.s.-301","jurisdiction":"us-me","citation":"13-C M.R.S. §301","heading":"Corporate purposes","body":"1.  Purpose of engaging in lawful business.  A corporation subject to this Act has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.\n2.  Subject to other regulation by this State.  A corporation engaging in a business that is subject to regulation under another statute of this State may incorporate under this Act only if permitted by, and subject to all limitations of, the other statute.","path":["TITLE 13-C: MAINE BUSINESS CORPORATION ACT","CHAPTER 3: PURPOSES AND POWERS"],"source_url":"https://legislature.maine.gov/statutes/13-C/title13-Csec301.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:27Z","sha256":"11fcd41f015eded4e5c12a6f73500bb38a228f23331d28d4e3ee7cea6b32ca81","source_id":"us-me","stale":false,"prev":"us-me/13-c-m.r.s.-207","next":"us-me/13-c-m.r.s.-302"},"notice":"GroundRules: Original legal text. Not legal advice."}