LD 1539
pg. 3
Page 2 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 4 of 101
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LR 1942
Item 1

 
requirements for licensure under Title 32, section 12252,
subsection 3 are met by the firm.

 
Sec. B-3. 13 MRSA §736, sub-§2, as enacted by PL 2001, c. 640, Pt. B,
§2 and affected by §7, is amended to read:

 
2. Assumed or fictitious name. A domestic professional
corporation or foreign professional corporation may render
professional services and exercise its authorized powers under an
assumed or fictitious name, as long as the corporation has first
registered the name to be so used in the manner required by met
the requirements for filing an assumed or fictitious name under
Title 13-C, section 404.

 
Sec. B-4. 13 MRSA §741, sub-§1, ¶¶C and D, as enacted by PL 2001, c.
640, Pt. B, §2 and affected by §7, are amended to read:

 
C. Professional corporations, professional limited
liability companies or professional limited liability
partnerships, domestic or foreign, authorized by law in this
State to render a professional service described in the
corporation's articles of incorporation; or

 
D. Any other entity that is authorized by law to provide
the same professional service provided by the professional
corporation.; or

 
Sec. B-5. 13 MRSA §741, sub-§1, ¶E is enacted to read:

 
E.__Any other person or entity, including employee stock
ownership plans or programs and other employee ownership
programs, that the licensing authority with jurisdiction
over the professional corporation determines is qualified to
hold shares of such a professional corporation.

 
Sec. B-6. 13-B MRSA §101, as enacted by PL 1977, c. 525, §13, is
amended to read:

 
§101. Short title

 
This Act shall Title may be known and may be cited as the
"Maine Nonprofit Corporation Act."

 
Sec. B-7. 13-B MRSA §102, sub-§§5-A, 6-A and 9-A are enacted to read:

 
5-A.__Entity.__"Entity" has the same meaning as set out in
Title 13-C, section 102, subsection 11.

 
6-A.__Individual. "Individual" means a natural person.


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