§7003. Railroad liable for damages from locomotive fire; entitled to benefit of any insurance
When a building or other property is injured by fire communicated by a locomotive engine, the corporation using it is responsible for that injury and it has an insurable interest in the property along the route for which it is responsible, and may procure insurance on that property. The corporation shall be entitled to the benefit of any insurance upon such property effected by the owner of the property less the premium and expense of recovery. The insurance shall be deducted from the damages, if recovered before the damages are assessed or, if not, the policy shall be assigned to the corporation which may maintain an action on the policy, or prosecute, at its own expense, any action already commenced by the insured, in either case with all the rights which the insured originally had. [PL 1987, c. 141, Pt. A, §4 (NEW).]
SECTION HISTORY
PL 1987, c. 141, §A4 (NEW).
Structure Maine Revised Statutes
Chapter 611: SAFETY PROVISIONS
23 §7002. Danger signals, where disconnected cars left on track; penalty
23 §7003. Railroad liable for damages from locomotive fire; entitled to benefit of any insurance
23 §7004. Intoxication of railroad employees on duty
23 §7005. Negligence of employees
23 §7006. No liability for death of person walking on road
23 §7007. Penalty for being on track or bridge or entering track with team or vehicle
23 §7009. Stranger entering or leaving moving train; liability of corporation not affected
23 §7010. Changing switch or lights
23 §7011. Injuring or tampering with signals
23 §7012. Location of railroad near station of another company