{"data":{"id":"us-me/13-m.r.s.-1753","jurisdiction":"us-me","citation":"13 M.R.S. §1753","heading":"Merger; consolidation","body":"A cooperative affordable housing corporation may not consolidate or merge with another corporation other than a cooperative affordable housing corporation.  Two or more cooperative affordable housing corporations may consolidate or merge in accordance with Title 13‑C, chapter 11.  Cooperative affordable housing corporations may not engage in mergers or consolidation if such an action is undertaken for the purpose of circumventing section 1754, 1757, 1758 or 1761.","path":["TITLE 13: CORPORATIONS","PART 2: CORPORATIONS WITHOUT CAPITAL","CHAPTER 85: COOPERATIVES","SUBCHAPTER 1-A: COOPERATIVE AFFORDABLE HOUSING OWNERSHIP"],"source_url":"https://legislature.maine.gov/statutes/13/title13sec1753.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:27Z","sha256":"2830c2a09bac0f999b15aabe2800b82c08e911101fad423a8d5025c5d3904722","source_id":"us-me","stale":false,"prev":"us-me/13-m.r.s.-1752","next":"us-me/13-m.r.s.-1754"},"notice":"GroundRules: Original legal text. Not legal advice."}