Me. Rev. Stat. » Title 13-A
Maine Revised Statutes

Me. Rev. Stat. tit. 13-A, § 501 (2026)

Authorized shares

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 1983, c. 434, §§1,4 (AMD). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
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Notes of Decisions
Cited in 2 cases, 1990–1991 · leading case: LaPointe Ex Rel. Brown & LaPointe Dev., Inc. v. Brown (In Re Brown), 131 B.R. 900 (Bankr. D. Me. 1991).
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LaPointe Ex Rel. Brown & LaPointe Dev., Inc. v. Brown (In Re Brown), 131 B.R. 900 (Bankr. D. Me. 1991). “See 13-A M.R.S.A. § 501 et seq. (corporate finance).”
Georgia-Pac. Corp. v. Great N. Nekoosa Corp., 728 F. Supp. 807 (D. Me. 1990). “Such shares may be divided into one or more classes, any or all of which classes may consist of shares with par value or shares without par value, with such designations, preferences, limitations and relative rights as shall be stated in the articles of incorporation. The…”
— Me. Rev. Stat. tit. 13-A, § 501(1) — 1 case
Georgia-Pac. Corp. v. Great N. Nekoosa Corp., 728 F. Supp. 807 (D. Me. 1990). “Such shares may be divided into one or more classes, any or all of which classes may consist of shares with par value or shares without par value, with such designations, preferences, limitations and relative rights as shall be stated in the articles of incorporation. The…”
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