14 §2015. Debt assigned; estate held in trust for assignee - Maine Statutes

State Codes and Statutes

Statutes > Maine > Title14 > Title14ch403sec0 > Title14sec2015

Title 14: COURT PROCEDURE -- CIVIL

Part 4: PROCEEDING AFTER VERDICT OR JUDGMENT

Chapter 403: TITLE TO REAL ESTATE BY LEVY OF EXECUTION

Subchapter 2: LEVY BY APPRAISEMENT

§2015. Debt assigned; estate held in trust for assignee

When the debt has been previously assigned for a valuable consideration, the creditor named in the execution holds an estate levied on to satisfy it in trust for his assignee, who is entitled to a conveyance thereof, which may be enforced by a civil action.

State Codes and Statutes

Statutes > Maine > Title14 > Title14ch403sec0 > Title14sec2015

Title 14: COURT PROCEDURE -- CIVIL

Part 4: PROCEEDING AFTER VERDICT OR JUDGMENT

Chapter 403: TITLE TO REAL ESTATE BY LEVY OF EXECUTION

Subchapter 2: LEVY BY APPRAISEMENT

§2015. Debt assigned; estate held in trust for assignee

When the debt has been previously assigned for a valuable consideration, the creditor named in the execution holds an estate levied on to satisfy it in trust for his assignee, who is entitled to a conveyance thereof, which may be enforced by a civil action.

State Codes and Statutes

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State Codes and Statutes

Statutes > Maine > Title14 > Title14ch403sec0 > Title14sec2015

Title 14: COURT PROCEDURE -- CIVIL

Part 4: PROCEEDING AFTER VERDICT OR JUDGMENT

Chapter 403: TITLE TO REAL ESTATE BY LEVY OF EXECUTION

Subchapter 2: LEVY BY APPRAISEMENT

§2015. Debt assigned; estate held in trust for assignee

When the debt has been previously assigned for a valuable consideration, the creditor named in the execution holds an estate levied on to satisfy it in trust for his assignee, who is entitled to a conveyance thereof, which may be enforced by a civil action.