Sec. D-25. 35-A MRSA §4502, sub-§1, as enacted by PL 1987, c. 141, Pt. A, §6, is amended to read:

1. Organization of corporations to construct pipelines. Corporations for the purpose of constructing and operating natural gas pipelines may be organized under Title 13-A 13-C. Following organization under former Title 13-A or Title 13-C, the corporation has all the other rights, privileges and immunities of a legal corporation organized under Title 13-A 13-C, except as they are inconsistent with this chapter.

Sec. D-26. 36 MRSA §4641-C, sub-§7, as amended by PL 1999, c. 638, §44, is further amended to read:

7. Deeds pursuant to mergers or consolidations. Deeds made pursuant to mergers or consolidations of business entities, as defined in Title 13-A, section 912 carried out pursuant to Title 13-C, chapter 11, from which no gain or loss is recognized under the Internal Revenue Code;

Sec. D-27. 39-A MRSA §102, sub-§11, ķA, as amended by PL 2001, c. 710, §18 and affected by §19, is amended by amending subparagraph (4) to read:

(4) Except for persons engaged in harvesting of forest products, any person who, in a written statement to the board, waives all the benefits and privileges provided by the workers' compensation laws, provided that the board has found that person to be a bona fide owner of at least 20% of the outstanding voting stock of the corporation by which that person is employed or a shareholder of the professional corporation by which that person is employed and that this waiver was not a prerequisite condition to employment. For the purposes of this subparagraph, the term "professional corporation" has the same meaning as found means a domestic or foreign professional corporation as defined in Title 13, section 703 723, subsection 1.

Any person may revoke or rescind that person's waiver upon 30 days' written notice to the board and that person's employer. The parent, spouse or child of a person who has made a waiver under the previous