2012 Maine Revised Statutes
TITLE 23: HIGHWAYS
Chapter 605: MANAGEMENT AND OPERATION
23 §5174. Extension of redemption time after foreclosure commenced
Part 7: RAILROADS HEADING: PL 1987, C. 141, PT. A, §4 (NEW)
Subchapter 4: FORECLOSURE AND REDEMPTION OF MORTGAGES HEADING: PL 1987, C. 141, PT. A, §4 (NEW)
§5174. Extension of redemption time after foreclosure commenced
The persons interested in a prior mortgage on which a foreclosure is commenced, at a meeting called for the purpose, may extend the time of redemption. Thereupon the trustees of the mortgage, by a suitable writing, delivered to the party entitled to redeem, shall extend the time accordingly. [1987, c. 141, Pt. A, §4 (NEW).]
SECTION HISTORY
1987, c. 141, §A4 (NEW).
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