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2012 Maine Revised Statutes
TITLE 10: COMMERCE AND TRADE
Chapter 627: VESSELS
10 §3863. Sale of vessel; proceeds paid into court


10 ME Rev Stat § 3863 (2012 through 125th Legis) What's This?

Part 7: LIENS

§3863. Sale of vessel; proceeds paid into court

When judgment is recovered in any action on which a vessel was attached, the court may issue an order to the attaching officer to sell it at auction, and to pay the proceeds thereof into court after deducting the expenses of sale and for taking care of the vessel while under attachment. Such officer shall sell it as other personal property is sold on execution. The purchaser shall hold it free from any prior claim.

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