{"data":{"id":"us-me/13-m.r.s.-2061","jurisdiction":"us-me","citation":"13 M.R.S. §2061","heading":"Members; financial rights and obligations","body":"The bylaws may provide:\n1.  Fees.  The amount of entrance, organization and membership fees, if any; the manner and method of collection of the same; and the purposes for which they may be used;\n2.  Members' payments.  The amount that each member is required to pay annually, or from time to time, if at all, to carry on the business of the association; the charge, if any, to be paid by each member for services rendered by the association to the member and the time of payment and the manner of collection; and the marketing contract between the association and its members, which every member may be required to sign;\n3.  Dividends.  The amount of any dividends which may be declared on the stock or membership capital, which dividends shall not exceed 8% per annum and which dividends shall be in the nature of interest and shall not affect the nonprofit character of any association organized under this chapter.","path":["TITLE 13: CORPORATIONS","PART 2: CORPORATIONS WITHOUT CAPITAL","CHAPTER 87: FISH MARKETING ASSOCIATIONS","SUBCHAPTER 2: ORGANIZATION"],"source_url":"https://legislature.maine.gov/statutes/13/title13sec2061.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:27Z","sha256":"bcb10079b98bc8674feb3603002099e8d19d076243be6d32b09217d99990175d","source_id":"us-me","stale":false,"prev":"us-me/13-m.r.s.-2060","next":"us-me/13-m.r.s.-2062"},"notice":"GroundRules: Original legal text. Not legal advice."}