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2012 Maine Revised Statutes
TITLE 23: HIGHWAYS
Chapter 605: MANAGEMENT AND OPERATION
23 §5189. New corporation may buy right of redemption


23 ME Rev Stat § 5189 (2012 through 125th Legis) What's This?

Part 7: RAILROADS HEADING: PL 1987, C. 141, PT. A, §4 (NEW)

Subchapter 5: RIGHTS OF PURCHASERS UNDER SALE HEADING: PL 1987, C. 141, PT. A, §4 (NEW)

§5189. New corporation may buy right of redemption

Any corporation formed under this chapter by the holders of railroad bonds may acquire, by purchase, the right of redemption under the mortgage securing the bonds. [1987, c. 141, Pt. A, §4 (NEW).]

SECTION HISTORY

1987, c. 141, §A4 (NEW).

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