§5152. Rights of coupon holders
45 words·~1 min read·
/me/title-23-transportation/chapter-605-management-and-operation/5152·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When coupons for interest issued with bonds are, for a valuable consideration, detached and assigned by delivery, the assignee may maintain a civil action upon them in his own name against the corporation engaging to pay them. [PL 1987, c. 141, Pt. A, §4 (NEW).]