14 §4854. Right of corporation to redeem - Maine Statutes

State Codes and Statutes

Statutes > Maine > Title14 > Title14ch509sec0 > Title14sec4854

Title 14: COURT PROCEDURE -- CIVIL

Part 5: PROVISIONAL REMEDIES; SECURITY

Chapter 509: EXECUTIONS

Subchapter 3: SALES ON EXECUTION

Article 3: CORPORATE FRANCHISES

§4854. Right of corporation to redeem

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.

State Codes and Statutes

Statutes > Maine > Title14 > Title14ch509sec0 > Title14sec4854

Title 14: COURT PROCEDURE -- CIVIL

Part 5: PROVISIONAL REMEDIES; SECURITY

Chapter 509: EXECUTIONS

Subchapter 3: SALES ON EXECUTION

Article 3: CORPORATE FRANCHISES

§4854. Right of corporation to redeem

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.

State Codes and Statutes

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State Codes and Statutes

Statutes > Maine > Title14 > Title14ch509sec0 > Title14sec4854

Title 14: COURT PROCEDURE -- CIVIL

Part 5: PROVISIONAL REMEDIES; SECURITY

Chapter 509: EXECUTIONS

Subchapter 3: SALES ON EXECUTION

Article 3: CORPORATE FRANCHISES

§4854. Right of corporation to redeem

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.