Maine Revised Statutes

Me. Rev. Stat. tit. 13-A, § 514 (2026)

Dividends in cash or property

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1971, c. 439, §§1,27 (NEW). PL 2001, c. 640, §A1 (RP). PL 2001, c. 640, §B7 (AFF).
Notes of Decisions
Cited in 1 case, 1975–1975 · leading case: Gay v. Gay's Super Markets, Inc., 343 A.2d 577 (Me. 1975).
Gay v. Gay's Super Markets, Inc., 343 A.2d 577 (Me. 1975). · cites it 2× “Adverting initially to the statute (13-A M.R.S.A. § 514) and the by-laws of the defendant corporation, we find that the declaration of dividends is left to the discretion of the board of directors.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.