Maine § 2283. - Sales and resales; payments to members; deductions
Full text of Maine Maine Revised Statutes § 2283. — Sales and resales; payments to members; deductions, with citation guidance and answers to common questions.
§ 2283.. Sales and resales; payments to members; deductions
The contract may provide that the association may sell or resell the fishery products delivered by its members, with or without taking title thereto; and pay over to its members the resale price, after deducting all necessary selling, overhead and other costs and expenses, including interest on preferred stock, not exceeding 8% per annum, and reserves for retiring the stock, if any; and other proper reserves; and interest not exceeding 8% per annum upon common stock.
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 2283.
What does Maine Revised Statutes § 2283. cover?
Section 2283. ("Sales and resales; payments to members; deductions") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 2283.?
A common citation format is "Maine Revised Statutes § 2283." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 2283. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.