(1) The other corporation executes and files with the Secretary of State, as provided in sections 104 and 106, or in Title 13-A, sections 104 and 106, proof of a resolution of its board of directors authorizing the use of a similar name by the corporation seeking to use the similar name; or

(2) A foreign corporation seeking to file under a similar or identical name executes and files with the Secretary of State, as provided in sections 104 and 106, proof of a resolution of its board of directors that it will not carry on activities under that similar or identical name, but instead will carry on activities under an assumed name, as provided for in section 308;

Sec. 14. 13-C MRSA §603, sub-§2, as enacted by PL 2001, c. 640, Pt. A, §2 and affected by Pt. B, §7, is amended to read:

2. Limitations on reacquisition, redemption or conversion. The reacquisition, redemption or conversion of outstanding shares is subject to the limitations of subsection 3 and to section 6.40 651.

Sec. 15. 24-A MRSA §3486, sub-§6, as enacted by PL 1977, c. 377, is amended to read:

6. A dissenting shareholder shall file, within 20 days after the delivery to him that shareholder of either a copy of the plan or a summary thereof of the plan pursuant to subsection 4, a written notice of his the shareholder's election to dissent from the plan and a demand for payment of the fair value of his the shareholder's shares. Such The notice and demand shall must be filed with the company which that adopted the plan by personally delivering it, or by mailing it via certified or registered mail, to such the company at its registered office within this State or to its principal place of business or to the address given to the Secretary of State pursuant to Title 13-A, section 906, subsection 4, paragraph B as provided in Title 13-C, section 103, subsection 4.

Sec. 16. 24-A MRSA §3486, sub-§10, as enacted by PL 1977, c. 377, is repealed.