{"data":{"id":"us-me/14-m.r.s.-4854","jurisdiction":"us-me","citation":"14 M.R.S. §4854","heading":"Right of corporation to redeem","body":"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.","path":["TITLE 14: COURT PROCEDURE -- CIVIL","PART 5: PROVISIONAL REMEDIES; SECURITY","CHAPTER 509: EXECUTIONS","SUBCHAPTER 3: SALES ON EXECUTION","ARTICLE 3: CORPORATE FRANCHISES"],"source_url":"https://legislature.maine.gov/statutes/14/title14sec4854.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:27Z","sha256":"012d7366ba69a89a95cfe392bd3e4c9490f08725877286968ef7d7c00e0ff756","source_id":"us-me","stale":false,"prev":"us-me/14-m.r.s.-4853","next":"us-me/14-m.r.s.-4855"},"notice":"GroundRules: Original legal text. Not legal advice."}