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2012 Maine Revised Statutes
TITLE 10: COMMERCE AND TRADE
Chapter 627: VESSELS
10 §3864. Distribution of proceeds or surplus


10 ME Rev Stat § 3864 (2012 through 125th Legis) What's This?

Part 7: LIENS

§3864. Distribution of proceeds or surplus

If such proceeds are more than all the judgments recovered against such vessel and the amounts claimed in the undecided actions, the court may order the judgments, as fast as they are recovered against said vessel, to be paid from said fund until all such actions are terminated and all judgments satisfied. The court may, on complaint, order the balance, if any, to be paid to the persons legally entitled thereto.

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