RIGHTS OF PURCHASERS UNDER SALE

  1. Law
  2. Maine Revised Statutes
  3. TRANSPORTATION
  4. RAILROADS
  5. MANAGEMENT AND OPERATION
  6. RIGHTS OF PURCHASERS UNDER SALE

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Section
23 §5181

Purchasers at sale have rights of original corporation; redemption

Section
23 §5182

Succession to rights and obligations of original corporation

Section
23 §5183

Original corporation continues, to close business, and for actions

Section
23 §5184

Courts have jurisdiction of all disputes

Section
23 §5185

Application of provisions to mortgages of corporations given to trustees, as if legally foreclosed

Section
23 §5186

Holders of unpaid scrip and bonds may foreclose mortgages

Section
23 §5187

Capital stock of new corporation; value of shares; no further assessment

Section
23 §5188

Organization certificate filed with Secretary of State

Section
23 §5189

New corporation may buy right of redemption

Section
23 §5190

When franchise lost; action for dissolution