Maine Revised Statutes
Subchapter 9: CONVERSIONS AND MERGERS
31 §1091. Definitions

§1091. Definitions
As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 2005, c. 543, Pt. A, §2 (NEW).]
1.  Corporation.  "Corporation" means a corporation created under the Maine Business Corporation Act, predecessor law or comparable law of another jurisdiction.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
2.  General partner.  "General partner" means a partner in a partnership, a general partner in a limited partnership, a general partner in a limited liability partnership and a general partner in a limited liability limited partnership.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
3.  Limited liability company.  "Limited liability company" means a limited liability company created under the Maine Limited Liability Company Act, predecessor law or comparable law of another jurisdiction.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
4.  Limited liability limited partnership.  "Limited liability limited partnership" means a limited partnership whose certificate of limited partnership states that the limited partnership is a limited liability limited partnership.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
5.  Limited partner.  "Limited partner" means a limited partner in a limited partnership and a limited partner in a limited liability partnership.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
6.  Limited partnership.  "Limited partnership" means a limited partnership created under the Uniform Limited Partnership Act, predecessor law or comparable law of another jurisdiction.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
7.  Member.  "Member" means a person reflected in the required records of a limited liability company as the owner of some governance rights of a membership interest in the limited liability company.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
8.  Partner.  "Partner" includes both a general partner and a limited partner.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
9.  Partnership.  "Partnership" means a partnership formed under section 1022 or any predecessor law.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
10.  Shareholder.  "Shareholder" means the person in whose name the units into which proprietary interests in a corporation are divided are registered in the records of the corporation or the beneficiary owner of such units to the extent of the rights granted by a nominee certificate on file with a corporation.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 2005, c. 543, §A2 (NEW).

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