| Be it enacted by the People of the State of Maine as follows: |
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| | Sec. 1. 13-C MRSA §106 is enacted to read: |
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| §106.__Safeguard public interest; damages |
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| | 1.__Sue for damages.__A person may sue a corporation or a | director of a corporation for damages suffered if in the | operation of the corporation the corporation adversely affects | the public interest.__As used in this section, "public | interest" means the environment, human rights, public health | and safety of the community in which the corporation operates | and the dignity of the corporation's employees. |
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| Suit may be brought at law or in equity in a court of | competent jurisdiction against the corporation or a director | of the corporation at the time the damage occurred or at the | time the board of directors of the corporation approved the | action that caused the damage. |
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| | 2.__Exemption.__Notwithstanding any other provision of this | chapter, a director of a corporation is not liable for damages | pursuant to subsection 1 if the director can prove that: |
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| A.__The damage complained of was the direct result of an | action that was approved by the corporation's board of | directors but that the director had voted against; or |
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| B.__The damage complained of was the direct result of an | action approved by the corporation prior to the director's | becoming a member of the board. |
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| This subsection does not apply to a corporation or a director | of a corporation if the consolidated annual revenues of that | corporation are less than $15,000,000. |
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| | 3.__Damages; amount; punitive.__ The court may award damages | against the corporation or director of the corporation for a | violation of the public interest if the plaintiff has | established clear and convincing evidence that the corporation | or director knowingly, intentionally or recklessly caused | damage to the public interest or injury to the plaintiff. |
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| A plaintiff in a court of law who successfully sues a | corporation or director of a corporation pursuant to | subsection 1 may recover damages in one of the following | amounts, whichever is greater: |
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| A.__The actual damage caused to the plaintiff; or |
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