Maine Revised Statutes Title 23 Sec. 7208 – Damages for neglect
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Terms Used In Maine Revised Statutes Title 23 Sec. 7208
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72
When the corporation unnecessarily neglects to perform the acts so required, those injured may recover damages in a civil action, commenced within one year after performance is required. [PL 1989, c. 398, §8 (NEW).]
SECTION HISTORY
PL 1989, c. 398, §8 (NEW).