Full text
[Repealed, 2001, c. 26, s. 332]
[Repealed, 2001, c. 26, s. 332]
Where, in the opinion of the receiver of wrecks, it is to the advantage of all parties to sell a wreck in his custody, or, where the wreck consists of goods of a dangerous nature, the receiver may sell the wreck, and the proceeds of the sale, after defraying the expenses thereof, shall be held by the receiver for the same purposes and subject to the same claims, rights and liabilities as if the wreck had remained unsold.