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Maine Revised Statutes Title 35-A. Public Utilities § 3752. Amendment of articles

Current as of January 01, 2025 | Updated by Findlaw Staff

A cooperative may amend its articles of incorporation as follows.

1. Meeting and notice. The proposed amendment shall be presented to a meeting of the members. The proposed amendment shall be set forth in or attached to the notice of the meeting.

2. Approval. If the proposed amendment, with any changes, is approved by the affirmative vote of not less than 2/3 of those members voting on the amendment at the meeting, articles of amendment shall be executed and acknowledged on behalf of the cooperative by its president or vice-president and its seal shall be affixed to the articles and attested by its secretary.

3. Contents of articles of amendment. The articles of amendment shall recite that they are executed pursuant to this chapter and shall state:

A. The name of the cooperative;

B. The address of its principal office; and

C. The amendment to its articles of incorporation.

4. Affidavit. The president or vice-president executing the articles shall make and attach to the articles an affidavit stating that this section was complied with.

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Cite this article: FindLaw.com - Maine Revised Statutes Title 35-A. Public Utilities § 3752. Amendment of articles - last updated January 01, 2025 | https://codes.findlaw.com/me/title-35-a-public-utilities/me-rev-st-tit-35-a-sect-3752/

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