Me. Stat. tit. 35-A § 909
Current through 131st (2023-2024) Legislature Chapter 684
Any public utility corporation at the time of its organization may issue for organization purposes, without the consent of the commission, not more than 6 shares of stock at par for cash or, if non-par stock, for the consideration of $100 per share, these shares when issued to be a part of the total capital issue. [1987, c. 141, Pt. A, §6(NEW).]
35-A M.R.S. § 909