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the Maine Revised Statutes
2012 Maine Revised Statutes
TITLE 23: HIGHWAYS
Chapter 613: MUNICIPAL AID TO CONSTRUCTION
23 §7086. Citizens eligible as directors
Universal Citation:
23 ME Rev Stat § 7086 (2012 through 125th Legis)
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Part 7: RAILROADS HEADING: PL 1987, C. 141, PT. A, §4 (NEW)
§7086. Citizens eligible as directors
Whenever any city or town in the State, in its corporate capacity, holds 1/5 or more of the shares in the capital stock of any railroad incorporated by the Legislature, any citizen of the city or town, being a freeholder and resident, is eligible as a director of the railroad company. [1987, c. 141, Pt. A, §4 (NEW).]
SECTION HISTORY
1987, c. 141, §A4 (NEW).
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