LD 1474
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LD 1474 Title Page An Act To Require That Corporations Be Operated in a Manner That Does Not Adver... Page 2 of 5
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LR 222
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 5 MRSA §4552, as amended by PL 1993, c. 327, §1, is further
amended to read:

 
§4552. Policy

 
To protect the public health, safety and welfare, it is
declared to be the policy of this State to keep continually in
review all practices infringing on the basic human right to a
life with dignity, and the causes of these practices, so that
corrective measures may, where possible, be promptly recommended
and implemented, and to prevent discrimination in employment,
housing or access to public accommodations on account of race,
color, sex, physical or mental disability, religion, ancestry or
national origin; and in employment, discrimination on account of
age or because of the previous assertion of a claim or right
under former Title 39 or Title 39-A and in housing because of
familial status; and to prevent discrimination in the extension
of credit on account of age, race, color, sex, marital status,
religion, ancestry or national origin; and to prevent
discrimination in education on account of sex or physical or
mental disability; and to prevent damage to the public interest
by business corporations.

 
Sec. 2. 5 MRSA c. 337, sub-c. 5-C is enacted to read:

 
SUBCHAPTER 5-C

 
RIGHT TO BE PROTECTED FROM CORPORATE

 
DAMAGE TO THE PUBLIC INTEREST

 
§4606.__Damage to public interest; liability

 
1.__Civil liability actions for damage caused to public
interest.__If a corporation formed under Title 13-C is alleged to
have caused damage to the public interest, any person injured by
such action may, either in law or in equity, sue either:

 
A.__The corporation; or

 
B.__Any person who was a director of the corporation either
at the time that:

 
(1)__The damage occurred; or

 
(2)__The board of directors approved the corporate
action that led directly to such damage.


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