Shares; number; par value

13 M.R.S. § 2054, under Chapter 87.

13 M.R.S. § 2054

If the association is organized with shares of stock, the articles shall state the number of shares which may be issued and if the shares are to have a par value, the par value of each share, and the aggregate par value of all shares; and if the shares are to be without par value, it shall be so stated.