§1091. Definitions
As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
1.
Corporation.
"Corporation" means a corporation created under the Maine Business Corporation Act, predecessor law or comparable law of another jurisdiction.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
2.
General partner.
"General partner" means a partner in a partnership, a general partner in a limited partnership, a general partner in a limited liability partnership and a general partner in a limited liability limited partnership.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
3.
Limited liability company.
"Limited liability company" means a limited liability company created under the Maine Limited Liability Company Act, predecessor law or comparable law of another jurisdiction.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
4.
Limited liability limited partnership.
"Limited liability limited partnership" means a limited partnership whose certificate of limited partnership states that the limited partnership is a limited liability limited partnership.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
5.
Limited partner.
"Limited partner" means a limited partner in a limited partnership and a limited partner in a limited liability partnership.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
6.
Limited partnership.
"Limited partnership" means a limited partnership created under the Uniform Limited Partnership Act of 2007, predecessor law or comparable law of another jurisdiction.
[RR 2025, c. 2, Pt. A, §137 (COR).]
7.
Member.
"Member" means a person reflected in the required records of a limited liability company as the owner of some governance rights of a membership interest in the limited liability company.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
8.
Partner.
"Partner" includes both a general partner and a limited partner.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
9.
Partnership.
"Partnership" means a partnership formed under section 1022 or any predecessor law.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
10.
Shareholder.
"Shareholder" means the person in whose name the units into which proprietary interests in a corporation are divided are registered in the records of the corporation or the beneficiary owner of such units to the extent of the rights granted by a nominee certificate on file with a corporation.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 2005, c. 543, §A2 (NEW). RR 2025, c. 2, Pt. A, §137 (COR).