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USA Statutes : maine
Title : Title 13. CORPORATIONS
Chapter : Chapter 09. CONTRACTS AND LIABILITIES
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Title 13 - §331. Parol contracts
Title 13: CORPORATIONS
Part 1: CORPORATIONS GENERALLY
Chapter 9: CONTRACTS AND LIABILITIES
§331. Parol contracts
Corporations are bound by parol contracts made by an agent authorized by vote or by their bylaws. Contracts may be implied
from corporate acts or from the acts of the general agent.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007Title 13 - §332. Mortgages
Title 13: CORPORATIONS
Part 1: CORPORATIONS GENERALLY
Chapter 9: CONTRACTS AND LIABILITIES
§332. Mortgages
Title 23, chapter 605, subchapters IV and V, shall apply to and include all mortgages of franchises, lands or other hereditaments
or of all of them heretofore or hereafter given by any corporation to trustees to secure scrip or bonds of said corporation.
The holder of said scrip or bonds shall have the benefit of all said sections, whether the said mortgages have been or may
be foreclosed in the manner provided by Title 23, section 5161, or in any other legal manner, and to the extent of and with
reference to the property covered by the mortgage. The new corporation, when organized, shall have the rights and privileges
of the original corporation.
[1987, c. 141, Pt. B, § 12 (amd).]
Section History:
PL 1987,
Ch. 141,
§B12
(AMD).
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007Title 13 - §333. Property and franchise taken for debts
Title 13: CORPORATIONS
Part 1: CORPORATIONS GENERALLY
Chapter 9: CONTRACTS AND LIABILITIES
§333. Property and franchise taken for debts
The property of any corporation, and the franchise of one having a right to receive a toll established by the State, with
its privileges and immunities, are liable to attachment on mesne process and levy on execution for debts of the corporation
in the manner prescribed by law.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007Title 13 - §334. Information for process server
Title 13: CORPORATIONS
Part 1: CORPORATIONS GENERALLY
Chapter 9: CONTRACTS AND LIABILITIES
§334. Information for process server
Every agent or person having charge of corporate property shall on request furnish to any officer, having a writ or execution
against the corporation for service, the names of the directors and clerk and a schedule of all property, including debts
known by him to belong to the corporation. Any officer of a judgment debtor corporation may be cited to disclose the affairs
of the corporation in the same manner as provided for the disclosure of other judgment debtors.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007Title 13 - §335. Execution satisfied from debts due; proceedings
Title 13: CORPORATIONS
Part 1: CORPORATIONS GENERALLY
Chapter 9: CONTRACTS AND LIABILITIES
§335. Execution satisfied from debts due; proceedings
An officer, having an execution against a manufacturing corporation and unable to find property liable to seizure, or the
creditor may elect to satisfy it in whole or in part by a debt due to the corporation not exceeding the amount due to the
creditor. The person having custody of the evidence of such debt shall deliver it to such officer with a written transfer
thereof to him for the use of the creditor, which shall constitute an assignment thereof, and the creditor, in the name of
the corporation, may sue for and collect it, subject to any equitable counterclaim by the debtor.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007Title 13 - §336. Neglect of duty; penalty
Title 13: CORPORATIONS
Part 1: CORPORATIONS GENERALLY
Chapter 9: CONTRACTS AND LIABILITIES
§336. Neglect of duty; penalty
Any officer or other person who unnecessarily neglects or refuses to comply with sections 334 and 335 forfeits not exceeding
4 times the amount due on such execution and may be imprisoned for less than one year.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007Title 13 - §337. Books produced for trial; refusal
Title 13: CORPORATIONS
Part 1: CORPORATIONS GENERALLY
Chapter 9: CONTRACTS AND LIABILITIES
§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-C, section 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, the person is liable to the same fine or imprisonment
as the party on trial would be.
[2003, c. 344, Pt. D, §6 (amd).]
Section History:
PL 1971,
Ch. 565,
§1
(AMD).
PL 2003,
Ch. 344,
§D6
(AMD).
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007
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