Me. Rev. Stat. tit. 31, § 1504 (2025)
1. Distinct entity A limited liability company is an entity distinct from its members.
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
2. Any lawful purpose A limited liability company may have any lawful purpose, regardless of whether for profit.
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
3. Duration A limited liability company has perpetual duration.
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
PL 2009, c. 629, Pt. A, §2 (NEW). PL 2009, c. 629, Pt. A, §3 (AFF).