LD 932
pg. 1
LD 932 Title Page An Act To Clearly Identify Maine Corporations LD 932 Title Page
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LR 1303
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 13-C MRSA §401, sub-§8 is enacted to read:

 
8.__Status as part of name.__The name of any corporation that
organizes under this Title on or after January 1, 2006 or that
amends its articles of incorporation after the effective date of
this subsection must contain the word, or abbreviation of the
word, "corporation," "incorporated" or "limited" or comparable
words or abbreviations of like meaning in another language.

 
SUMMARY

 
This bill requires that a corporate business name clearly
identify the status of the business as being incorporated as is
required by many other jurisdictions.


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