New corporation may buy right of redemption

  1. Law
  2. Maine Revised Statutes
  3. TRANSPORTATION
  4. RAILROADS
  5. MANAGEMENT AND OPERATION
  6. RIGHTS OF PURCHASERS UNDER SALE
  7. New corporation may buy right of redemption

Checkout our iOS App for a better way to browser and research.

§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.   [PL 1987, c. 141, Pt. A, §4 (NEW).]

SECTION HISTORY

PL 1987, c. 141, §A4 (NEW).


Download our app to see the most-to-date content.