STATE STATUTES & CODES
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MAINE STATUTES AND CODES
38 §723. Agreement of parties binding, if recorded
Title 38: WATERS AND NAVIGATION
Chapter 5: GENERAL PROVISIONS RELATING TO RIVERS AND STREAMS
Subchapter 1: MILLS AND DAMS
Article 1: ERECTION AND FLOWAGE RIGHTS
Subarticle 3: ACTION FOR DAMAGES
§723. Agreement of parties binding, if recorded
When an annual compensation, upon the acceptance by one party of an offer made by the other, is established and signed by the owners of the mill, dam or canal, and of the land, and recorded in the office of the clerk of the court in which the former judgment was rendered, with a reference on the record to the former judgment, and to the book where the agreement is recorded, such agreement is as binding as a verdict and judgment on a new complaint.