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2011 Maine Revised Statutes
TITLE 33: PROPERTY
Chapter 7: CONVEYANCE OF REAL ESTATE
33 §402. -- proceeds invested; income appropriated


33 ME Rev Stat § 402 (2011 through 125th Legis) What's This?

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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