Maine Revised Statutes
Chapter 85: COOPERATIVES
Subchapter 1: CONSUMER COOPERATIVES

Article 1: GENERAL PROVISIONS

13 §1501. Definitions - §1501. Definitions In this subchapter, unless the subject matter requires...

13 §1502. Existing cooperative groups - §1502. Existing cooperative groups Any group incorporated under the law...

13 §1503. Foreign corporations doing business in State - §1503. Foreign corporations doing business in State A foreign corporation...

13 §1504. Laws not applicable - §1504. Laws not applicable No law of the State conflicting...

13 §1505. Taxation - §1505. Taxation Associations formed under this subchapter and foreign corporations...

13 §1506. Registration as dealers in securities (REPEALED) - §1506. Registration as dealers in securities (REPEALED) SECTION HISTORY PL...

13 §1507. Limitation on return on capital - §1507. Limitation on return on capital The return upon capital...

Article 2: ORGANIZATION AND BYLAWS

13 §1551. Articles of incorporation; first meeting; fees - §1551. Articles of incorporation; first meeting; fees Articles of incorporation...

13 §1552. Who may incorporate - §1552. Who may incorporate Any 3 or more natural persons...

13 §1553. Purposes - §1553. Purposes An association may be incorporated under this subchapter...

13 §1554. Powers - §1554. Powers An association shall have the capacity to act...

13 §1555. Bylaws - §1555. Bylaws Bylaws shall be adopted, amended or repealed by...

13 §1556. Meetings - §1556. Meetings Regular meetings shall be held as prescribed in...

Article 3: VOTING

13 §1601. One member, one vote - §1601. One member, one vote Each member of an association...

13 §1602. No proxies (REPEALED) - §1602. No proxies (REPEALED) SECTION HISTORY PL 1997, c. 7,...

13 §1603. Application of provisions to voting by delegates - §1603. Application of provisions to voting by delegates If an...

13 §1604. Voting by proxy - §1604. Voting by proxy Unless specified otherwise in an association's...

Article 4: MEMBERS

13 §1641. Eligibility and admission to membership - §1641. Eligibility and admission to membership Any natural person, association,...

13 §1642. Subscribers - §1642. Subscribers Any natural person or group eligible for membership...

13 §1643. Liability of members - §1643. Liability of members Members shall not be jointly or...

13 §1644. Expulsion - §1644. Expulsion A member may be expelled by the vote...

13 §1645. Allocation and distribution of net savings - §1645. Allocation and distribution of net savings At least once...

Article 5: SHARES

13 §1691. Issuance and contents - §1691. Issuance and contents No certificate for share or membership...

13 §1692. Transfer of shares and membership; withdrawal - §1692. Transfer of shares and membership; withdrawal If a member...

Article 6: DISSOLUTION

13 §1731. Procedure - §1731. Procedure An association may, at any regular or special...