Maine Revised Statutes

Me. Rev. Stat. tit. 31, § 1501 (2026)

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This chapter may be known and cited as "the Maine Limited Liability Company Act."   [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
SECTION HISTORY
PL 2009, c. 629, Pt. A, §2 (NEW). PL 2009, c. 629, Pt. A, §3 (AFF).
Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2019–2021 · leading case: Tucker J. Cianchette v. Peggy A. Cianchette, 2019 ME 87, 209 A.3d 745.
Tucker J. Cianchette v. Peggy A. Cianchette, 2019 ME 87, 209 A.3d 745. “Breach of Fiduciary Duty [¶33] Finally, Peggy argues that the court erred by denying her motion for judgment as a matter of law because Tucker could not have proceeded against her on a claim of breach of fiduciary duty arising from her role as PET's manager while also…”
Cianchette v. Cianchette, No. CUMbcd-cv-19-42 (Me. Super. Ct June 28, 2021). “These are codified in §§ 1641- 1644 of the Maine Limited Liability Company Act (31 M.R.S. § 1501, et seq.) (the “LLC Act”).”
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