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Maine · Through October 1, 2025

23 M.R.S. §5189: New corporation may buy right of redemption

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Where this section sits in the code
  1. TITLE 23: TRANSPORTATION
  2. PART 7: RAILROADS
  3. CHAPTER 605: MANAGEMENT AND OPERATION
  4. SUBCHAPTER 5: RIGHTS OF PURCHASERS UNDER SALE

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.

Collected 2026-09-04T15:12:32Z. Source file · JSON

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