Maine Revised Statutes
Subchapter 1: GENERAL PROVISIONS
31 §1505. Capacities and powers

§1505. Capacities and powers
1.  To sue, be sued.  A limited liability company has the capacity to sue and be sued in its own name.  
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
2.  To hold property.  A limited liability company has the capacity to hold property in its own name.  
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
3.  Power to carry out activities.  A limited liability company has the power to do all things necessary or convenient to carry on its activities.  
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
SECTION HISTORY
PL 2009, c. 629, Pt. A, §2 (NEW). PL 2009, c. 629, Pt. A, §3 (AFF).

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