Me. Rev. Stat. » Title 31
Maine Revised Statutes

Me. Rev. Stat. tit. 31, § 301 (2026)

Partner accountable as a fiduciary

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1973, c. 377, §1 (NEW). PL 2005, c. 543, §A1 (RP). PL 2005, c. 543, §A3 (AFF).
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Notes of Decisions
Cited in 5 cases, 1981–2004 · leading case: Rosenthal v. Rosenthal, 543 A.2d 348 (Me. 1988).
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Rosenthal v. Rosenthal, 543 A.2d 348 (Me. 1988). “This delineation of fiduciary obligations reflects accurately the duties of care and loyalty owed under Maine law by a corporate director to the corporation and its shareholders, as well as the duties of a partner to the partnership and his fellow partners.”
Dalton v. Austin, 432 A.2d 774 (Me. 1981). “31 M.R.S.A. §§ 301, 302 (1978). Section 302 of the Act, in pertinent part, gives any partner the right to an account in a wide variety of circumstances, many of which closely resemble the circumstances of the instant ease.”
Tang of the Sea, Inc. v. Bayley's Quality Seafoods, Inc., 1998 ME 264 (Me. 1998). “2d at 778 ; 31 M.R.S.A. § 301 (1996). Because neither party disputed the ownership of the property, Tang was free to pursue its claim for conversion.”
Schneider v. Cooper, 687 A.2d 606 (Me. 1996). “31 M.R.S.A. §§ 301, 302, & 443 (1978); Rosenthal, 543 A.”
Schwartz v. Colonna (Me. Super. Ct 2004). “1996): see also 31 M.R.S. § 301 (2003). He intentionally failed to disclose information regarding the status and sale of the property and, in so doing, took unfair advantage of the plaintiffs.”
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.