United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 38, § 906: Property transfer provisions, 1995

A dam owner may request compensation for a dam transfer. The department may not issue a water release order, or refuse to issue it, in the stated compensation-related circumstances. If a dam is tr…

Source excerpt

asset transfercompensationdam ownership

Jurisdiction: United States — Maine
Structure: 1 provisions
Official identity: Year 1995
Dates: Enacted 1995 · Source version 1 Oct 2025

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Dates: Enacted 1995 · Source version 1 Oct 2025

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“A dam owner may request compensation for a dam transfer. The department may not issue a water release order, or refuse to issue it, in the stated compensation-related circumstances. If a dam is transferred under this article, the owner must transfer the property rights needed to maintain and operate it.”

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Enacted 1995 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.
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Property transfer provisions

A dam owner may request compensation for a dam transfer. The department may not issue a water release order, or refuse to issue it, in the stated compensation-related circumstances. If a dam is transferred under this article, the owner…

Section 906

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Source record from legislature.maine.gov · Enacted 1995 · Source version 1 Oct 2025

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§ 906Property transfer provisionsProvision

Source excerpt

1. Compensation. A dam owner is not prohibited from requesting compensation for the transfer of a dam pursuant to this article. The department may not issue a water release order pursuant to section 905 to a dam owner who has refused to transfer the dam to a person willing to assume ownership of the dam because that person refused to compensate the dam owner for the property. The department may not refuse to issue the order if the dam owner requested only payment or a share in payment of the costs of transfer. [PL 1995, c. 630, §3 (NEW).] 2. Property rights transferred. When a dam is transferred pursuant to this article, the dam owner shall transfer all property rights necessary to maintain and operate the dam, to the extent owned by the dam owner. Those property rights include title to the dam and land under the dam, title to equipment and other personal property normally located at the dam site, flowage rights and access rights. [PL 1995, c. 630, §3 (NEW).]

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1 Oct 2025 · currentEnglish

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