Maine Revised Statutes Title 24-A Sec. 2175 – Insurer’s ownership of funeral establishment or cemetery prohibited
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Terms Used In Maine Revised Statutes Title 24-A Sec. 2175
- 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.
No insurer may own or manage or supervise or operate or maintain a mortuary establishment , a funeral establishment, a cemetery, a cemetery corporation or association, a crematorium, a mausoleum or a columbarium. [PL 1989, c. 206, §1 (AMD).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1989, c. 206, §1 (AMD).