Maine Revised Statutes Title 14 Sec. 1516 – Travel in actions by a corporation
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maine Revised Statutes Title 14 Sec. 1516
- 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.
In actions of a corporation, its travel is computed from the place where it is situated, if local, otherwise from the place where its business is usually transacted, not exceeding 40 miles, unless its agent actually travels a greater distance to attend court.