Section 1836-A. Legislative findings

The  legislature  hereby finds and
  declares that the health, safety and general welfare of  the  people  of
  this  state  are directly dependent upon the state economy, and that one
  of the principal problems  of  our  present  economy  is  the  permanent
  closing of industrial and manufacturing plants, and their relocation out
  of state, which results in the loss of jobs and increasing unemployment.
    It  is  the  purpose  of  this  subtitle to encourage the employees of
  plants that are about to be permanently closed, or relocated, to acquire
  such  plants  and  to  continue  to  operate  them   as   employee-owned
  enterprises,  thereby  retaining  the jobs that would otherwise be lost,
  and strengthening the economic base of this state.