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

Maine Statutes

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

Maine § 23 §7155

Title 23TRANSPORTATION

Part 7RAILROADS

Ch. 615STATE RAILROAD PRESERVATION ACT

This text of Maine § 23 §7155 (Conditions of sale, lease and operation) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 23, § 23 §7155 (2026).

Text

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.