Individuals & Families
Small Businesses
Nonprofits
Employers
Employee Benefits Brokers
PEOs
Credit Unions
Membership Groups
Legal Information
Sign In
/
U.S. State Codes
/
Maine
/
TITLE 23: TRANSPORTATION
/
Part 7: RAILROADS
/
Chapter 605: MANAGEMENT AND...
/
Subchapter 5: RIGHTS OF PURCHASERS UNDER SALE
Subchapter 5: RIGHTS OF PURCHASERS UNDER SALE
23 §5181. Purchasers at sale have rights of original corporation; redemption
23 §5182. Succession to rights and obligations of original corporation
23 §5183. Original corporation continues, to close business, and for actions
23 §5184. Courts have jurisdiction of all disputes
23 §5185. Application of provisions to mortgages of corporations given to trustees, as if legally foreclosed
23 §5186. Holders of unpaid scrip and bonds may foreclose mortgages
23 §5187. Capital stock of new corporation; value of shares; no further assessment
23 §5188. Organization certificate filed with Secretary of State
23 §5189. New corporation may buy right of redemption
23 §5190. When franchise lost; action for dissolution