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2010 Maine Code
TITLE 14: COURT PROCEDURE -- CIVIL
Chapter 403: TITLE TO REAL ESTATE BY LEVY OF EXECUTION
14 §2015. Debt assigned; estate held in trust for assignee


14 ME Rev Stat § 2015 (2010 through 124th Legis) What's This?

Part 4: PROCEEDING AFTER VERDICT OR JUDGMENT

Subchapter 2: LEVY BY APPRAISEMENT

§2015. Debt assigned; estate held in trust for assignee

When the debt has been previously assigned for a valuable consideration, the creditor named in the execution holds an estate levied on to satisfy it in trust for his assignee, who is entitled to a conveyance thereof, which may be enforced by a civil action.

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