| §337. Books produced for trial; refusal |
|
| | When a suit or prosecution is pending for a violation, either | of sections 334 to 336 or to enforce the liabilities created by | Title 13-A 13-C, section 624 or section 720 833, the clerk or | person having custody of the books of the corporation shall, upon | reasonable written notice, produce them on trial; and for neglect | or refusal to do so, he the person is liable to the same fine or | imprisonment as the party on trial would be. |
|
| | Sec. D-7. 13 MRSA §741, sub-§1, ¶A-1 is enacted to read: |
|
| A-1.__Nonlicensed individuals authorized to organize with | licensed individuals pursuant to section 732, subsection 3; |
|
| | Sec. D-8. 13 MRSA §1978, sub-§§2 and 4, as enacted by PL 1983, c. 136, | are amended to read: |
|
| | 2. Payment. Each member of an employee cooperative | corporation shall must be issued a membership share upon payment | of a membership fee, the amount of which shall must be determined | from time to time by the directors. Title 13-A, section 505, 13- | C, section 621 does not apply to membership shares. |
|
| | 4. Voting stock limited. Unless otherwise provided in this | subchapter or in the articles of incorporation of an employee | cooperative, no other capital stock other than membership shares | may have voting power. In the event that proposed amendments to | the articles of incorporation would adversely affect any | nonvoting class of shareholders, such action may not be taken | without the vote of those shareholders, as provided in Title 13-A | 13-C, sections 805 1003 and 806 1004. |
|
| | Sec. D-9. 13 MRSA §1979, as enacted by PL 1983, c. 136, is amended | to read: |
|
| §1979. Amendment of bylaws |
|
| | The bylaws of an employee cooperative may only be amended by | members, except as provided in Title 13-A 13-C, section 602 207. |
|
| | Sec. D-10. 13 MRSA §1982, sub-§4, as enacted by PL 1983, c. 136, is | amended to read: |
|
| | 4. Exceptions. Title 13-A 13-C, section 909, 1302 does not | apply to an internal capital account cooperative. |
|
| | Sec. D-11. 13-B MRSA §202, sub-§1, ¶¶K and L, as enacted by PL 1977, c. | 525, §13, are amended to read: |
|
|