Any corporation formed under this chapter by the holders of railroad bonds may acquire, by purchase, the right of redemption under the mortgage securing the bonds.
Me. Rev. Stat. tit. 23, § 5189
New corporation may buy right of redemption
PL 1987, c. 141, §A4 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.