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Current as of January 01, 2025 | Updated by Findlaw Staff
A final division shall not dissolve the corporation until 10 years thereafter; but the last proprietors in common and their heirs shall continue in their corporate capacity for the collection and payment of all debts due to or owing by the corporation; and may call and hold meetings, and vote assessments to pay their debts and all other charges necessary for closing their business.
Cite this article: FindLaw.com - Maine Revised Statutes Title 13. Corporations § 2814. Continuation for 10 years after final division - last updated January 01, 2025 | https://codes.findlaw.com/me/title-13-corporations/me-rev-st-tit-13-sect-2814/
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