Fish Marketing Act

Maine · Stock and Stockholders · §§ 2001 to 2287 · 66 sections

Overview

The act authorizes those who take or produce fish and fishery products to organize as nonprofit cooperative associations for the collective marketing of what they harvest. It supplies the operating framework for such associations — incorporation and articles, share classes and par value, membership and voting power, the financial rights and obligations of members, admission, withdrawal, transfer, suspension and valuation of a departing member's interest, election of directors by geographic district along with officers and an executive committee, and merger or consolidation — with the general corporation law filling gaps not addressed directly. It also grants an exemption from antitrust liability, addresses how securities-dealer registration applies, and provides procedures for charges, notice, hearing and a membership vote where a member or district director is called to account.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

Sections covered

Me. Rev. Stat. tit. 13, § 2001Short title
Me. Rev. Stat. tit. 13, § 2002Purposes
Me. Rev. Stat. tit. 13, § 2003Definitions
Me. Rev. Stat. tit. 13, § 2004Nonprofit associations
Me. Rev. Stat. tit. 13, § 2005General corporation law; applicability
Me. Rev. Stat. tit. 13, § 2006Registration as dealers in securities
Me. Rev. Stat. tit. 13, § 2007Anti-trust laws; exemption
Me. Rev. Stat. tit. 13, § 2008Statutory construction
Me. Rev. Stat. tit. 13, § 2009Merger or consolidation
Me. Rev. Stat. tit. 13, § 2051Authority to form association
Me. Rev. Stat. tit. 13, § 2052Articles of incorporation
Me. Rev. Stat. tit. 13, § 2053Contents
Me. Rev. Stat. tit. 13, § 2054Shares; number; par value
Me. Rev. Stat. tit. 13, § 2055Classes
Me. Rev. Stat. tit. 13, § 2056Membership; voting power
Me. Rev. Stat. tit. 13, § 2057Amendments
Me. Rev. Stat. tit. 13, § 2058Adoption, repeal and amendment; vote; delegation of authority
Me. Rev. Stat. tit. 13, § 2059Prohibited transfers
Me. Rev. Stat. tit. 13, § 2060Quorum; voting; qualifications of directors; penalties
Me. Rev. Stat. tit. 13, § 2061Members; financial rights and obligations
Me. Rev. Stat. tit. 13, § 2062-- qualifications; withdrawals; transfers; suspension; valuation of interest
Me. Rev. Stat. tit. 13, § 2063Meetings
Me. Rev. Stat. tit. 13, § 2064Districting territory; directors from districts; redistricting
Me. Rev. Stat. tit. 13, § 2065Directors elected by district representatives; redistricting
Me. Rev. Stat. tit. 13, § 2066Directors; primary elections to nominate
Me. Rev. Stat. tit. 13, § 2067-- staggered terms
Me. Rev. Stat. tit. 13, § 2068Executive committee
Me. Rev. Stat. tit. 13, § 2101Board of directors
Me. Rev. Stat. tit. 13, § 2102-- meetings
Me. Rev. Stat. tit. 13, § 2103-- vacancies
Me. Rev. Stat. tit. 13, § 2104President; vice-presidents; secretary; treasurer
Me. Rev. Stat. tit. 13, § 2105Compensation
Me. Rev. Stat. tit. 13, § 2106Charges; petition
Me. Rev. Stat. tit. 13, § 2107Notice; hearing
Me. Rev. Stat. tit. 13, § 2108Vote; time; majority required
Me. Rev. Stat. tit. 13, § 2109District directors; petition; vote of district membership
Me. Rev. Stat. tit. 13, § 2151Qualifications
Me. Rev. Stat. tit. 13, § 2152Certificate
Me. Rev. Stat. tit. 13, § 2153Liability for debts
Me. Rev. Stat. tit. 13, § 2154Meetings; place
Me. Rev. Stat. tit. 13, § 2155Expulsion; payment for interest
Me. Rev. Stat. tit. 13, § 2191Payment; common; ownership limitations
Me. Rev. Stat. tit. 13, § 2192Common; voting power
Me. Rev. Stat. tit. 13, § 2193Notation of restriction on transfer
Me. Rev. Stat. tit. 13, § 2194Purchase by association
Me. Rev. Stat. tit. 13, § 2195Distinction between classes of stock or holders
Me. Rev. Stat. tit. 13, § 2196Nonpar issuance
Me. Rev. Stat. tit. 13, § 2197Preferred; issuance in payment for purchases by association
Me. Rev. Stat. tit. 13, § 2231Authorized activities
Me. Rev. Stat. tit. 13, § 2232Borrowing; advances to members
Me. Rev. Stat. tit. 13, § 2233Agency
Me. Rev. Stat. tit. 13, § 2234Reserves; investments
Me. Rev. Stat. tit. 13, § 2235Stocks and bonds; acquisition and ownership
Me. Rev. Stat. tit. 13, § 2236Property ownership
Me. Rev. Stat. tit. 13, § 2237Assessments
Me. Rev. Stat. tit. 13, § 2238Acts necessary to accomplish purposes
Me. Rev. Stat. tit. 13, § 2239Facilities; use; proceeds
Me. Rev. Stat. tit. 13, § 2240Interest in other corporations; warehousing corporations; warehouse receipts
Me. Rev. Stat. tit. 13, § 2241Agreements with other associations; cooperation
Me. Rev. Stat. tit. 13, § 2281Authority to contract; restrictions
Me. Rev. Stat. tit. 13, § 2282Title to products
Me. Rev. Stat. tit. 13, § 2283Sales and resales; payments to members; deductions
Me. Rev. Stat. tit. 13, § 2284Breach of contract; liquidated damages; costs
Me. Rev. Stat. tit. 13, § 2285Enforcement of contract; injunction; specific performance
Me. Rev. Stat. tit. 13, § 2286Landlord or lessor; presumptions; remedies against
Me. Rev. Stat. tit. 13, § 2287Specific performance

Enacted in other states

Washington

All Maine named statutes →

Download

Copy

Embed on your site

Hover to preview · click to copy the code

Search Wikipedia →