GroundRules
14 M.R.S. §4854: Right of corporation to redeem
Where this section sits in the code
- TITLE 14: COURT PROCEDURE -- CIVIL
- PART 5: PROVISIONAL REMEDIES; SECURITY
- CHAPTER 509: EXECUTIONS
- SUBCHAPTER 3: SALES ON EXECUTION
- ARTICLE 3: CORPORATE FRANCHISES
The corporation, at any time within 3 months after the day of sale, may redeem said franchise by paying to the purchaser the sum which he paid in satisfaction of the execution, with 12% interest, in addition to the toll received.
Collected 2026-09-04T15:12:27Z. Source file · JSON