§ 1522

Me. Rev. Stat. tit. 13-C, § 1522 (2025)

Automatic withdrawal upon certain conversions

PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF).

A foreign business corporation authorized to transact business in this State that converts to a domestic nonprofit corporation or any form of domestic filing entity is deemed to have withdrawn on the effective date of the conversion.

PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF).