§155. -- bond of trustees; disposal of proceeds of sale
Every trustee appointed under section 153 shall give bond in such form and for such an amount as the court appointing him may order, and he shall receive and hold, invest or apply the proceeds of any sale or mortgage made by him for the benefit of the persons who would have been entitled to the real estate, if such sale or mortgage had not been made, and the probate court for the county in which such real estate or the greater part thereof is situated shall have jurisdiction of all matters thereafter arising in relation to such trust.
Structure Maine Revised Statutes
Chapter 7: CONVEYANCE OF REAL ESTATE
33 §151. Items covered by deed
33 §153. Sale or mortgage of estates subject to contingent remainders
33 §154. -- notice; appointment of next friend of minors
33 §155. -- bond of trustees; disposal of proceeds of sale
33 §156. Entailments barred by conveyance in fee simple
33 §157. Conveyance of greater estate, conveys only interest owned
33 §158. Conveyance for life and to heirs in fee
33 §159. Conveyances to 2 or more persons
33 §162. No estate greater than tenancy at will unless by writing
33 §163. Private transfer fee obligations void and unenforceable