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2011 Maine Revised Statutes
TITLE 14: COURT PROCEDURE -- CIVIL
Chapter 509: EXECUTIONS
14 §4854. Right of corporation to redeem

Universal Citation:
14 ME Rev Stat § 4854 (2011 through 125th Legis)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

Part 5: PROVISIONAL REMEDIES; SECURITY

Subchapter 3: SALES ON EXECUTION

§4854. Right of corporation to redeem

The corporation, at any time within 3 months after the day of sale, may redeem said franchise by paying to the purchaser the sum which he paid in satisfaction of the execution, with 12% interest, in addition to the toll received.

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