LD 1136
pg. 4
Page 3 of 4 An Act To Amend the Maine Business Corporation Act LD 1136 Title Page
Download Bill Text
LR 698
Item 1

 
 
SUMMARY

 
This bill amends the Maine Business Corporation Act by
including as part of the duties of directors the duty to
operate the corporation in a manner that fully respects the
public interest.

 
The bill provides that, after January 1, 2017, actions may
be brought against not only the corporation, but individual
directors for activities of the corporation that adversely
affect the environment, human rights, public health and safety
or dignity of corporate employees.


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