STATE STATUTES & CODES
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MAINE STATUTES AND CODES
14 §4256. Disposition of proceeds of sale
Title 14: COURT PROCEDURE -- CIVIL
Part 5: PROVISIONAL REMEDIES; SECURITY
Chapter 507: ATTACHMENTS
Subchapter 2: PERSONAL PROPERTY
Article 3: MORTGAGED OR PLEDGED PROPERTY
§4256. Disposition of proceeds of sale
When the attaching creditor has paid to the claimant or his assigns the amount ordered by the court, the sheriff after making the sale shall pay to the creditor, and the creditor may retain out of the proceeds of the property attached, when sold, the amount so paid with interest, and the balance shall be applied to the payment of his debt. [1967, c. 213, §10 (AMD).]
SECTION HISTORY
1967, c. 213, §10 (AMD).