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MAINE STATUTES AND CODES
13 §2814. Continuation for 10 years after final division
Title 13: CORPORATIONS
Part 2: CORPORATIONS WITHOUT CAPITAL
Chapter 91: PROPRIETORS OF LANDS AND WHARVES
Subchapter 4: MISCELLANEOUS
§2814. Continuation for 10 years after final division
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.
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