Original Title: An Act Regarding Conversions of Nonprofit Entities to For-profit Entities.
New Title: An Act Regarding Public Charities, Nonprofit Corporations and Conversions of Nonprofit Entities to For-profit Entities. Presented by Representative SAXL of Portland; Cosponsored by Senator RAND of Cumberland and Representatives: BULL of Freeport, LaVERDIERE of Wilton, MADORE of Augusta, MITCHELL of Vassalboro, RICHARDSON of Brunswick. Public Hearing 05/01/01. Majority (OTP-AM) Accepted 03/07/02. Amended by: CA (Changed Title) H-869.
Final disposition: Enacted, Signed 03/25/02, PUBLIC LAWS, Chapter 550.