LD 1539
pg. 99
Page 98 of 104 PUBLIC Law Chapter 344 Page 100 of 104
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LR 1942
Item 1

 
A. The term "the corporation" as used therein shall be in
that subchapter is deemed to refer to the company which that
adopted a plan pursuant to subsection 2;

 
B. The reference in Title 13-A, section 909, subsection 9,
paragraph G to the date on which a vote was taken on the
proposed corporate action shall be deemed to refer to the
date on which a plan was adopted pursuant to subsection 2;

 
C. The references in Title 13-A, section 909, subsection 11
to a shareholder's "objection" and "demand" and the
reference in Title 13-A, section 909, subsection 13 13-C,
chapter 13, subchapter 3 to a shareholder's "demand for
payment under section 1327" shall be is deemed to refer to a
shareholder's notice and demand filed pursuant to subsection
6;

 
D. The references in Title 13-A, section 909, subsection 9
to "the date on which such corporate action was effected"
shall be deemed to refer to the date of delivery of the plan
or a summary thereof as provided in subsection 4;

 
E. The reference in Title 13-A 13-C, section 909 1331,
subsection 9, paragraph A 2 to the county in the State where
the principal office or the registered office of the
domestic corporation merged with the foreign corporation is
located shall be is deemed, where the parent corporation
which that has adopted the plan is neither a domestic
corporation nor an authorized insurer, to include the county
where the registered office of the subsidiary domestic stock
insurance company whose stock is being acquired is located;

 
F. The reference in Title 13-A, section 909, subsection 9,
paragraph E to "this section" shall be deemed to include
this section; and

 
G. The references in Title 13-A, section 909, subsection 9
to "subsection 8" shall be deemed to refer to subsection 9.

 
H.__Title 13-C, section 1331, subsection 5, paragraph B does
not apply; and

 
I.__The reference in Title 13-C, section 1332, subsection 2,
paragraph A to the corporation's failure to substantially
comply with the requirements of section 1321, 1323, 1325 or
1326 is deemed to refer to the corporation's failure to
comply with this section, and the reference in Title 13-C,
section 1332, subsection 4 to the failure of the corporation
to make required payments pursuant to section 1325, 1326 or


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