Maine Revised Statutes

Me. Rev. Stat. tit. 11, § 8-101 (2026)

Short title; inconsistency with Uniform Act for Simplification of Fiduciary Security Transfers

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1987, c. 625, §3 (RPR). PL 1997, c. 429, §B1 (RP).
Notes of Decisions
Cited in 1 case, 1991–1991 · leading case: Bahre v. Pearl, 595 A.2d 1027 (Me. 1991).
Bahre v. Pearl, 595 A.2d 1027 (Me. 1991). “In Zamore , we stated that shares of stock in a closely held corporation cannot be classified as investment securities for purposes of 11 M.R.S.A. § 8-101 to 8-408. We based this exclusion on the language of section 8-102(l)(a)(ii), which provides that the shares must be “[o]f a…”
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