{"data":{"id":"us-me/13-m.r.s.-731","jurisdiction":"us-me","citation":"13 M.R.S. §731","heading":"Election of professional corporation status","body":"1.  Mandatory coverage.  A qualified person performing any professional service described in section 723, subsection 7, paragraph A desiring to form a corporation shall incorporate as a professional corporation.\n2.  Optional coverage.  A qualified person or persons performing any professional service described in section 723, subsection 7, paragraph B desiring to form a corporation may incorporate as a professional corporation.\n3.  Filing requirement.  One or more persons may incorporate a professional corporation by delivering to the Secretary of State for filing articles of incorporation that state that the corporation is a professional corporation and the corporation's purpose is to render the specified professional service.\n4.  Election to be covered.  A corporation incorporated under a general law of this State may elect professional corporation status by amending its articles of incorporation to comply with subsection 3 and section 736.","path":["TITLE 13: CORPORATIONS","PART 1: CORPORATIONS GENERALLY","CHAPTER 22-A: MAINE PROFESSIONAL SERVICE CORPORATION ACT","SUBCHAPTER 2: CREATION"],"source_url":"https://legislature.maine.gov/statutes/13/title13sec731.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:27Z","sha256":"5038a34e88d2124053839875837fb186d2ac6eb46a4b40506e0ce677dc8f3fda","source_id":"us-me","stale":false,"prev":"us-me/13-m.r.s.-723","next":"us-me/13-m.r.s.-732"},"notice":"GroundRules: Original legal text. Not legal advice."}