§1091. Definitions As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2005, c. 543, Pt. A, §2 (NEW).] 1. Corporation. “Corporation” means a corporation created under the Maine Business Corporation Act, predecessor law or comparable law of another jurisdiction. [PL 2005, c. 543, Pt. […]
§1092. Conversion of partnership to limited partnership (REPEALED) SECTION HISTORY PL 2005, c. 543, §A2 (NEW). PL 2009, c. 56, §24 (RP).
§1093. Conversion of partnership to a business entity 1. Conversion. A partnership or a limited liability partnership may be converted to a limited partnership, limited liability limited partnership, corporation or limited liability company pursuant to this section. [PL 2005, c. 543, Pt. A, §2 (NEW).] 2. Terms and conditions. The terms and conditions of […]
§1094. Effect of conversion 1. Same entity. A partnership that has been converted pursuant to this subchapter is for all purposes the same entity that existed before the conversion. [PL 2005, c. 543, Pt. A, §2 (NEW).] 2. Effective date. When a conversion takes effect: A. All property owned by the converting partnership […]
§1095. Merger of partnerships 1. Merger pursuant to plan. Pursuant to a plan of merger approved as provided in subsection 3, a partnership may be merged with one or more partnerships or limited partnerships. [PL 2005, c. 543, Pt. A, §2 (NEW).] 2. Plan of merger. The plan of merger must set forth: […]
§1096. Effect of merger 1. Effect of merger. When a merger takes effect: A. The separate existence of every partnership or limited partnership that is a party to the merger, other than the surviving entity, ceases; [PL 2005, c. 543, Pt. A, §2 (NEW).] B. All property owned by each of the merged […]
§1097. Statement of merger 1. Filing of statement. After a merger, the surviving partnership or limited partnership may file a statement that one or more partnerships or limited partnerships have merged into the surviving entity. [PL 2005, c. 543, Pt. A, §2 (NEW).] 2. Statement of merger. A statement of merger must contain: […]
§1098. Nonexclusive This subchapter is not exclusive. Partnerships or limited partnerships may be converted or merged in any other manner provided by law. [PL 2005, c. 543, Pt. A, §2 (NEW).] SECTION HISTORY PL 2005, c. 543, §A2 (NEW).
