Me. Stat. tit. 5 § 13210

Current through 131st (2023-2024) Legislature Chapter 634

Section 13210 - Termination of corporation

The corporation is not dissolved until: [2021, c. 631, §1 (NEW).]

1.Legislature provides for termination. It is terminated by the Legislature; and

[2021, c. 631, §1 (NEW).]

2.Payment of bonds, premium and interest. The bonds, premium, if any, and interest have been paid or a sufficient amount for the payment of the bonds and interest to maturity or a prior redemption date have been irrevocably set aside in trust for the benefit of the bondholders.

[2021, c. 631, §1 (NEW).]

5 M.R.S. § 13210

Added by 2022, c. 631,§ 1, eff. 8/8/2022.