Maine Revised Statutes
Subchapter 3: SHARES, COUPONS AND MORTGAGES
23 §5155. One vote for every $100 of bonds

§5155. One vote for every $100 of bonds
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.   [PL 1987, c. 141, Pt. A, §4 (NEW).]
SECTION HISTORY
PL 1987, c. 141, §A4 (NEW).

Structure Maine Revised Statutes