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MAINE STATUTES AND CODES
14 §2015. Debt assigned; estate held in trust for assignee
Title 14: COURT PROCEDURE -- CIVIL
Part 4: PROCEEDING AFTER VERDICT OR JUDGMENT
Chapter 403: TITLE TO REAL ESTATE BY LEVY OF EXECUTION
Subchapter 2: LEVY BY APPRAISEMENT
§2015. Debt assigned; estate held in trust for assignee
When the debt has been previously assigned for a valuable consideration, the creditor named in the execution holds an estate levied on to satisfy it in trust for his assignee, who is entitled to a conveyance thereof, which may be enforced by a civil action.
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