10 §3864. Distribution of proceeds or surplus - Maine Statutes

State Codes and Statutes

Statutes > Maine > Title10 > Title10ch627sec0 > Title10sec3864

Title 10: COMMERCE AND TRADE

Part 7: LIENS

Chapter 627: VESSELS

§3864. Distribution of proceeds or surplus

If such proceeds are more than all the judgments recovered against such vessel and the amounts claimed in the undecided actions, the court may order the judgments, as fast as they are recovered against said vessel, to be paid from said fund until all such actions are terminated and all judgments satisfied. The court may, on complaint, order the balance, if any, to be paid to the persons legally entitled thereto.

State Codes and Statutes

Statutes > Maine > Title10 > Title10ch627sec0 > Title10sec3864

Title 10: COMMERCE AND TRADE

Part 7: LIENS

Chapter 627: VESSELS

§3864. Distribution of proceeds or surplus

If such proceeds are more than all the judgments recovered against such vessel and the amounts claimed in the undecided actions, the court may order the judgments, as fast as they are recovered against said vessel, to be paid from said fund until all such actions are terminated and all judgments satisfied. The court may, on complaint, order the balance, if any, to be paid to the persons legally entitled thereto.

State Codes and Statutes

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State Codes and Statutes

Statutes > Maine > Title10 > Title10ch627sec0 > Title10sec3864

Title 10: COMMERCE AND TRADE

Part 7: LIENS

Chapter 627: VESSELS

§3864. Distribution of proceeds or surplus

If such proceeds are more than all the judgments recovered against such vessel and the amounts claimed in the undecided actions, the court may order the judgments, as fast as they are recovered against said vessel, to be paid from said fund until all such actions are terminated and all judgments satisfied. The court may, on complaint, order the balance, if any, to be paid to the persons legally entitled thereto.