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| Home > Statutes > Usa Maine |
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USA Statutes : maine
Title : Title 33. PROPERTY
Chapter : Chapter 17. JOINT TENANCIES
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Title 33 - §901. Corporate securities
Title 33: PROPERTY Chapter 17: JOINT TENANCIES Subchapter 1: PERSONAL PROPERTY §901. Corporate securities
Certificates of stock in corporations, corporate bonds, corporate debentures and other corporate securities, not including
shares in building and loan associations, record title to which is held in the name of 2 or more persons as joint tenants
or under language indicating the intention that said property be held with the right of survivorship, shall be deemed to be
held in an estate in joint tenancy with all the attributes and incidents of estates in joint tenancy created or existing at
common law, and shall be deemed to be so held even though said property may have been transferred directly by a person to
himself jointly with another or other persons.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney. Office of the Revisor of Statutes 7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 33 - §902. -- retroactive effect
Title 33: PROPERTY Chapter 17: JOINT TENANCIES Subchapter 1: PERSONAL PROPERTY §902. -- retroactive effect
Section 901 shall not apply to any such transfer made prior to August 20, 1951, unless the persons in whose names said securities
have been issued or are held, file with the corporation issuing such securities or with its transfer agent or registrar an
agreement indicating their intention that section 901 shall apply.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney. Office of the Revisor of Statutes 7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 33 - §903. -- existing tenancies not affected
Title 33: PROPERTY Chapter 17: JOINT TENANCIES Subchapter 1: PERSONAL PROPERTY §903. -- existing tenancies not affected
Nothing in this subchapter shall be construed so as to affect the validity of any joint tenancy otherwise validly created.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney. Office of the Revisor of Statutes 7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 33 - §904. -- form of agreement
Title 33: PROPERTY Chapter 17: JOINT TENANCIES Subchapter 1: PERSONAL PROPERTY §904. -- form of agreement
The following shall be a sufficient agreement to secure the application of section 901:
div> "We , , and , owners of shares of common (preferred) stock of company represented
by certificate No. , owners of bonds No. , Series of company, owners of debentures No.
, Series of company, owners of a certain promissory note dated , etc., signed by company,
owners of (describe any other security) issued by company hereby agree that our ownership in the above-mentioned
property shall be as joint tenants with rights of survivorship as such, and not as tenants in common, in accordance with the
Revised Statutes of Maine, Title 33, sections 901 and 902.".
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney. Office of the Revisor of Statutes 7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 33 - §951. Joinder or severance; notice
Title 33: PROPERTY Chapter 17: JOINT TENANCIES Subchapter 2: REAL PROPERTY §951. Joinder or severance; notice
All or any of the tenants in common or joint tenants of lands may join or sever in personal actions for injuries done thereto,
setting forth in the complaint the names of all other cotenants, if known, and the court may order notice to be given in such
actions to all other cotenants known, and all or any of them at any time before final judgment may become plaintiffs in the
action, and prosecute the action for the benefit of all concerned.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney. Office of the Revisor of Statutes 7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 33 - §952. Judgment; execution for share
Title 33: PROPERTY Chapter 17: JOINT TENANCIES Subchapter 2: REAL PROPERTY §952. Judgment; execution for share
The court shall enter judgment for the whole amount of the injury proved; but shall award execution only for the proportion
thereof sustained by the plaintiffs. The remaining cotenants may afterwards jointly or severally intervene in the action and
on motion obtain execution for their proportion of the damages adjudged therein.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney. Office of the Revisor of Statutes 7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 33 - §953. Recovery of rent or income from joint tenant
Title 33: PROPERTY Chapter 17: JOINT TENANCIES Subchapter 2: REAL PROPERTY §953. Recovery of rent or income from joint tenant
If any one or more of the joint tenants or tenants in common take the whole rents or income in the joint estate or more than
their share, without the consent of their cotenants, and refuse for a reasonable time after demand to pay such cotenants their
share thereof, any one or more of them may have an action against the refusing cotenants to recover their proportion thereof.
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney. Office of the Revisor of Statutes 7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
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