2011 Maine Revised Statutes
TITLE 23: HIGHWAYS
Chapter 605: MANAGEMENT AND OPERATION
23 §5152. Rights of coupon holders
Part 7: RAILROADS HEADING: PL 1987, C. 141, PT. A, §4 (NEW)
Subchapter 3: SHARES, COUPONS AND MORTGAGES HEADING: PL 1987, C. 141, PT. A, §4 (NEW)
§5152. Rights of coupon holders
When coupons for interest issued with bonds are, for a valuable consideration, detached and assigned by delivery, the assignee may maintain a civil action upon them in his own name against the corporation engaging to pay them. [1987, c. 141, Pt. A, §4 (NEW).]
SECTION HISTORY
1987, c. 141, §A4 (NEW).
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