LD 1539
pg. 2
Page 1 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 3 of 101
Download Bill Text
LR 1942
Item 1

 
Sec. A-5. 10 MRSA §1521, sub-§2-C, as enacted by PL 1995, c. 633, Pt.
C, §1, is amended to read:

 
2-C. Limited liability partnership name. "Limited liability
partnership name" includes a limited liability partnership name,
reserved name, assumed name or registered name as those terms are
used in Title 31, sections 803 803-A to 806 806-A.

 
Sec. A-6. 10 MRSA §1522, sub-§1, ¶G, as amended by PL 1995, c. 633, Pt.
C, §2, is further amended to read:

 
G. Consists of or comprises a corporate Is not
distinguishable from the real, assumed, fictitious, reserved
or registered name of a corporation, limited liability
company, limited liability partnership or limited
partnership name, unless the corporation, limited liability
company, limited liability partnership or limited
partnership executes and files with the Secretary of State
proof of authorization of the use of a mark similar to the
real, assumed, fictitious, reserved or registered name of a
corporation, limited liability company, limited liability
partnership or limited partnership name by the applicant
seeking to use the mark;

 
PART B

 
Sec. B-1. 13 MRSA §723, sub-§8, as enacted by PL 2001, c. 640, Pt. B,
§2 and affected by §7, is amended to read:

 
8. Qualified person. "Qualified person" means an individual,
general partnership, professional limited liability company,
professional limited liability partnership, other professional
corporation or other entity or trust that is eligible under this
chapter to be issued shares by a professional corporation or any
other entity that is authorized by statute to provide the same
professional service provided by the professional corporation.

 
Sec. B-2. 13 MRSA §732, sub-§3, as enacted by PL 2001, c. 640, Pt. B,
§2 and affected by §7, is amended to read:

 
3. Accountants. Nonlicensed individuals and qualified
employee stock ownership plans or programs or other employee
ownership programs and other entities may organize with
individuals who are licensed under Title 32, chapter 113 and may
become shareholders of a firm licensed to practice public
accountancy under Title 32, section 12252, as long as all of the


Page 1 of 101 Top of Page Page 3 of 101