There Is a Newer Version
of
the Maine Revised Statutes
2010 Maine Code
TITLE 33: PROPERTY
Chapter 7: CONVEYANCE OF REAL ESTATE
33 §402. -- proceeds invested; income appropriated
Universal Citation:
33 ME Rev Stat § 402 (2010 through 124th Legis)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Subchapter 5: TIMBER AND WOODLANDS
§402. -- proceeds invested; income appropriated
The court may cause the net proceeds of sale to be invested in other real estate in the State or in public stocks, to the same uses and under the same limitations as the land; the income thereof to be paid to the persons entitled to the income of the land, or apportioned among the persons interested in the estate, according to their interests.
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