Maine Revised Statutes
Chapter 393: MAINE SPACE CORPORATION
5 §13210. Termination of corporation

§13210. Termination of corporation
The corporation is not dissolved until:   [PL 2021, c. 631, §1 (NEW).]
1.  Legislature provides for termination.  It is terminated by the Legislature; and  
[PL 2021, c. 631, §1 (NEW).]
2.  Payment of bonds, premium and interest.  The bonds, premium, if any, and interest have been paid or a sufficient amount for the payment of the bonds and interest to maturity or a prior redemption date have been irrevocably set aside in trust for the benefit of the bondholders.  
[PL 2021, c. 631, §1 (NEW).]
SECTION HISTORY
PL 2021, c. 631, §1 (NEW).