§13210. Termination of corporation The corporation is not dissolved until: [PL 2021, c. 631, §1 (NEW).]1. Legislature provides for termination. It is terminated by the Legislature; and [PL 2021, c. 631, §1 (NEW).] 2. Payment of bonds, premium and interest. The bonds, premium, if any, and interest have been paid or a sufficient amount for the payment of the bonds and interest to maturity or a prior redemption date have been irrevocably set aside in trust for the benefit of the bondholders. [PL 2021, c. 631, §1 (NEW).] SECTION HISTORY PL 2021, c. 631, §1 (NEW).
Maine Legal Code