Me. Stat. tit. 13 § 1753
Current through 131st (2023-2024) Legislature Chapter 684
A cooperative affordable housing corporation may not consolidate or merge with another corporation other than a cooperative affordable housing corporation. Two or more cooperative affordable housing corporations may consolidate or merge in accordance with Title 13-C, chapter 11. Cooperative affordable housing corporations may not engage in mergers or consolidation if such an action is undertaken for the purpose of circumventing section 1754, 1757, 1758 or 1761. [RR 2001, c. 2, Pt. B, §29(COR); RR 2001, c. 2, Pt. B, §58(AFF).]
13 M.R.S. § 1753