Maine Revised Statutes Title 24-A Sec. 1477 – Reciprocity
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1. Reciprocity. The superintendent shall waive any requirements for a nonresident adjuster license applicant with a valid license from that applicant’s home state, except the requirements imposed by sections 1420?G and 1472, subsection 2, paragraph B, if the applicant’s home state awards nonresident licenses to residents of this State on the same basis. If the applicant’s home state does not license adjusters for the license or authority sought, the applicant shall designate as the applicant’s home state any state in which the applicant is licensed and in good standing.
[PL 2015, c. 49, §3 (NEW).]
SECTION HISTORY
PL 2015, c. 49, §3 (NEW).
Terms Used In Maine Revised Statutes Title 24-A Sec. 1477
- Adjuster: means any individual who, as an independent contractor or as an employee of an independent contractor, or as an employee of another organization, for fee, commission or other compensation, investigates for, settles on behalf of and reports to an insurer, fraternal benefit society, workers' compensation self-insurer or insured relative to claims arising under the workers' compensation laws or other types of insurance contracts. See Maine Revised Statutes Title 24-A Sec. 1402
- License: means a document issued by the superintendent authorizing a person to act as an insurance producer, adjuster or consultant for kinds of insurance specified in the document as authorized in this chapter. See Maine Revised Statutes Title 24-A Sec. 1402
- Nonresident: means a person other than a resident of this State. See Maine Revised Statutes Title 24-A Sec. 1402