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Me. Rev. Stat. tit. 31, § 1541

Power to bind limited liability company

PL 2009, c. 629, Pt

A person may not bind a limited liability company except:

1. Under or pursuant to agreement. To the extent the person is authorized to act as the limited liability company's agent under or pursuant to the limited liability company agreement;

2. By members. To the extent the person is authorized by the members to act as the limited liability company's agent pursuant to section 1556;

3. Pursuant to statement of authority. To the extent provided in section 1542;

4. No statement of authority. If there is no statement of authority in effect, any manager, member, president or treasurer of a limited liability company has the authority to bind the limited liability company; or

5. As provided by law. To the extent otherwise provided by law.

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