The Secretary of State offers a corporate fraud monitoring service for a $35.00 annual fee to receive email notifications when new filings are made by business entities.
The governor signed House Bill 231 (LD 337) on 6/16/2015. This bill requires a lienholder to remove a lien no later than 60 days after a lien has been satisfied. The new law takes effect 90 days after the legislature
Senate Bill 405 (Public Law 259) became law June 23 by override of governor’s veto and revises the Business Corporation Act regarding director qualifications, voting trusts and other matters.
House Bill 971 (Public Law 254) became law June 23 by override of governor’s veto and allows a nonprofit to request reinstatement more than 6 years after administrative dissolution and pay a fee of $25.00 per outstanding annual report up
The Secretary of State reminded business and nonprofit entities that annual reports are due June 1 to avoid late filing penalties of $50.00 for profit businesses and $25.00 for nonprofit entities.
Secretary of State Offices in Rhode Island and Maine respectively announced that offices will be closed January 27 due to inclement weather.
Senate Bill 568 (Public Law No. 452) became law and effective March 2 without the governor’s signature to increase funding for start-ups by permitting a short-form registration statement for securities by Maine business entities. The chaptered law can be accessed
The Secretary of State posted an alert regarding another deceptive solicitation sent in December to Maine corporations from Corporate Records Service. More information is available here.
Senate Bill 438 (Chapter 313) signed by the governor June 21 and effective 90 days after adjournment streamlines the charitable registration act. The bill text can be accessed at http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=SP0438&item=5&snum=126
Maine has enacted the 2010 Amendments to UCC Article 9. The governor signed LD 1384 on Friday, June 21, 2013. The new law was originally introduced with the Alternative B Safe Harbor for the sufficiency of individual debtor names in