Maine Statutes

§ 23 §5155 — One vote for every $100 of bonds

Maine·Title 23 TRANSPORTATION·Part 7 RAILROADS·Ch. 605 MANAGEMENT AND OPERATION
At such a meeting and all others, each bondholder present shall have one vote for each $100 of bonds held by him or represented by proxy. They may organize by the choice of a moderator and clerk and determine whether the trustees shall take possession of the road and manage and operate it in their behalf.

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Legislative History

PL 1987, c. 141, §A4 (NEW).

Nearby Sections

15
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