§1403. Dissolution by written consent of all shareholders
A proposal to dissolve may be approved by written consent of shareholders entitled to vote as provided in section 704. If the dissolution is approved by written consent of all shareholders, whether or not entitled to vote, a resolution of the corporation's board of directors proposing the dissolution is not necessary. [PL 2003, c. 344, Pt. B, §111 (AMD).]
SECTION HISTORY
PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF). PL 2003, c. 344, §B111 (AMD).
Structure Maine Revised Statutes
TITLE 13-C: MAINE BUSINESS CORPORATION ACT
Subchapter 1: VOLUNTARY DISSOLUTION
13-C §1401. Dissolution by incorporators or initial directors
13-C §1402. Dissolution by board of directors and shareholders
13-C §1403. Dissolution by written consent of all shareholders
13-C §1404. Articles of dissolution
13-C §1405. Revocation of dissolution
13-C §1406. Effect of dissolution
13-C §1407. Known claims against dissolved corporation