Maine Revised Statutes

§1401. Dissolution by incorporators or initial directors

A majority of the incorporators or initial directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the Secretary of State for filing articles of dissolution that set forth: [2001, c. 640, Pt. A, §2 (NEW); 2001, c. 640, Pt. B, §7 (AFF).]

1. Name.  The name of the corporation;
[ 2001, c. 640, Pt. A, §2 (NEW); 2001, c. 640, Pt. B, §7 (AFF) .]
2. Date.  The date of incorporation;
[ 2001, c. 640, Pt. A, §2 (NEW); 2001, c. 640, Pt. B, §7 (AFF) .]
3. Shares.  That none of the corporation's shares have been issued or that the corporation has not commenced business;
[ 2001, c. 640, Pt. A, §2 (NEW); 2001, c. 640, Pt. B, §7 (AFF) .]
4. Debt.  That no debt of the corporation remains unpaid, including the filing of the annual report as required by section 1621;
[ 2003, c. 344, Pt. B, §108 (AMD) .]
5. Net assets.  That, if shares were issued, the net assets of the corporation remaining after winding up have been distributed to the shareholders;
[ 2003, c. 344, Pt. B, §108 (AMD) .]
6. Authorization of dissolution.  That a majority of the incorporators or initial directors authorized the dissolution;
[ 2003, c. 344, Pt. B, §108 (AMD) .]
7. Date authorized.  The date dissolution was authorized; and
[ 2003, c. 344, Pt. B, §109 (NEW) .]
8. Effective date.  The effective date of the dissolution. A corporation is dissolved upon the effective date of its articles of dissolution.
[ 2003, c. 344, Pt. B, §109 (NEW) .]
SECTION HISTORY
2001, c. 640, §A2 (NEW). 2001, c. 640, §B7 (AFF). 2003, c. 344, §§B108,109 (AMD).