§1303. False and misleading statements in documents required to be filed with Secretary of State
1. Penalties. No person shall sign any document required or permitted to be delivered for filing with the Secretary of State by any corporation, domestic or foreign, when that person knows that the document contains any untrue statement of a material fact or omits to state a material fact necessary in order to make the statements contained in the document, when considered in the light of the circumstances under which they were made, not misleading. Any violation of this subsection shall be a civil violation for which a forfeiture of not more than $25 may be adjudged.
[PL 1977, c. 525, §13 (NEW).]
2. Liable. Any person who violates subsection 1 shall be liable to any person who is damaged thereby.
[PL 1977, c. 525, §13 (NEW).]
SECTION HISTORY
PL 1977, c. 525, §13 (NEW).
Structure Maine Revised Statutes
TITLE 13-B: MAINE NONPROFIT CORPORATION ACT
Chapter 13: ANNUAL REPORTS: POWERS OF SECRETARY OF STATE; EXCUSE; MISCELLANEOUS
13-B §1301. Annual report of domestic and foreign corporations; excuse
13-B §1301-A. Annual report of domestic condominium corporations; excuse (REPEALED)
13-B §1301-B. Failure to file annual report; incorrect report; penalties (REPEALED)
13-B §1301-C. Amended annual report of domestic or foreign corporation
13-B §1302. Failure to file annual report; incorrect report; penalties
13-B §1302-A. Powers of Secretary of State
13-B §1304. Certified copies of documents filed with Secretary of State to be received in evidence
13-B §1305. Certified records of corporation as prima facie evidence of facts stated therein
13-B §1306. Short form certificate of change in corporate identity