Me. Stat. tit. 23 § 5186
Current through 131st (2023-2024) Legislature Chapter 684
A corporation formed by the holders of the scrip or bonds, or if no such corporation has been formed, the holders of not less than a majority of the scrip or bonds, may commence a civil action to foreclose the mortgage and the court may decree a foreclosure thereof, unless the arrears are paid within such time as the court orders. [1987, c. 141, Pt. A, §4(NEW).]
23 M.R.S. § 5186