United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 13, § 901: Organization

At least 3 persons may form a nonstock corporation for listed nonprofit or local economic-development purposes by filing the required certificate; certain municipalities may form such a corporatio…

Source excerpt

incorporationnonstock corporations

Jurisdiction: United States — Maine
Structure: 1 provisions
Dates: Source version 1 Oct 2025

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“At least 3 persons may form a nonstock corporation for listed nonprofit or local economic-development purposes by filing the required certificate; certain municipalities may form such a corporation through a majority of municipal officers.”

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Organization

At least 3 persons may form a nonstock corporation for listed nonprofit or local economic-development purposes by filing the required certificate; certain municipalities may form such a corporation through a majority of municipal officers.

Section 901

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Source record from legislature.maine.gov · Source version 1 Oct 2025

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Provision

§ 901OrganizationProvision

Source excerpt

When 3 or more persons desire to be incorporated for any literary, scientific, musical, charitable, educational, social, agricultural, environmental, moral, religious, civic or other lawful and similarly benevolent or nonprofit purpose or for the purpose of fostering, encouraging and assisting the physical location, settlement or resettlement of industrial, manufacturing, fishing, agricultural and other business enterprises and recreational projects in any locality within the State, as a corporation without capital stock, they may do so by preparing and filing a certificate as set forth in section 903. The formation of a corporation by one or more municipalities, including a local development corporation, a council of government and a regional planning commission, must be incorporated by a majority of the municipal officers of each of its charter member municipalities. This section does not apply to corporations that are required to be organized under Title 13‑B or that elect to be organized under Title 13‑B. [PL 1993, c. 316, §8 (AMD).]

Section 901Verify source

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1 Oct 2025 · currentEnglish

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