Public-domain · open source
OpenJurist

Me. Rev. Stat. tit. 13-C, § 1401

Dissolution by incorporators or initial directors

PL 2001, c. 640, §A2 (NEW)

A majority of the incorporators or initial directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the Secretary of State for filing articles of dissolution that set forth:

1. Name. The name of the corporation;

2. Date. The date of incorporation;

3. Shares. That none of the corporation's shares have been issued or that the corporation has not commenced business;

4. Debt. That no debt of the corporation remains unpaid, including the filing of the annual report as required by section 1621;

5. Net assets. That, if shares were issued, the net assets of the corporation remaining after winding up have been distributed to the shareholders;

6. Authorization of dissolution. That a majority of the incorporators or initial directors authorized the dissolution;

7. Date authorized. The date dissolution was authorized; and

8. Effective date. The effective date of the dissolution. A corporation is dissolved upon the effective date of its articles of dissolution.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.