Maine § 23 §7155 Conditions of sale, lease and operation

Maine Statutes

§ 23 §7155 — Conditions of sale, lease and operation

Maine·Title 23 TRANSPORTATION·Part 7 RAILROADS·Ch. 615 STATE RAILROAD PRESERVATION ACT

1.Financial conditions on sale, lease or operating contract. Any railroad line acquired pursuant to this chapter may be sold, leased or contracted to an operator, but only upon terms at least as favorable to the State as follows:

2.State operation of railroad prohibited. In no event may the department or any other unit of State Government directly operate a railroad over a railroad line acquired under this chapter. The department may own the railroad line and lease or otherwise contract for its use by a private operator.

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1.
Financial conditions on sale, lease or operating contract.
Any railroad line acquired pursuant to this chapter may be sold, leased or contracted to an operator, but only upon terms at least as favorable to the State as follows:
2.
State operation of railroad prohibited.
In no event may the department or any other unit of State Government directly operate a railroad over a railroad line acquired under this chapter. The department may own the railroad line and lease or otherwise contract for its use by a private operator.

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