Maine Revised Statutes

§1745. Property classification of cooperative interest

1. Personal property.  A cooperative interest is personal property.
[ 1993, c. 300, §1 (NEW) .]
2. Nonseverable interest.  The possessory interest evidenced by a proprietary lease is a part of and may not be severed from a cooperative interest.
[ 1993, c. 300, §1 (NEW) .]
SECTION HISTORY
1993, c. 300, §1 (NEW).