Maine Revised Statutes Title 24-A Sec. 7602 – Licensure of self-storage providers
Current as of: 2023 | Check for updates
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1. License required. A self-storage provider must obtain a limited lines license under this chapter prior to selling or offering coverage under a policy of self-storage insurance.
[PL 2021, c. 676, Pt. A, §42 (NEW).]
Terms Used In Maine Revised Statutes Title 24-A Sec. 7602
- Customer: includes the sublessee, assignee or successor in interest of the person originally a party to a rental agreement with a self-storage provider. See Maine Revised Statutes Title 24-A Sec. 7601
- Limited lines license: means a license to sell or offer a policy for self-storage insurance. See Maine Revised Statutes Title 24-A Sec. 7601
- Location: means any physical location of a self-storage facility in the State or any publicly accessible website, call center or similar operation directed to residents of the State. See Maine Revised Statutes Title 24-A Sec. 7601
- Self-storage insurance: means personal property insurance authorized under section 705 providing coverage for the repair or replacement of personal property of a covered customer stored at a self-storage facility or in transit to or from a self-storage facility against various causes of loss, including loss or damage. See Maine Revised Statutes Title 24-A Sec. 7601
- Self-storage provider: means a person or business entity, as defined in section 1151?A, subsection 4, that is the owner, operator, lessor or sublessor of a self-storage facility. See Maine Revised Statutes Title 24-A Sec. 7601
2. Authority provided by license. A limited lines license issued under this chapter authorizes any employee or authorized representative of a self-storage provider to sell or offer coverage under a policy of self-storage insurance to a customer at each location at which the self-storage provider engages with a customer or prospective customer.
[PL 2021, c. 676, Pt. A, §42 (NEW).]
3. List of locations. In connection with a self-storage provider’s application for a license under section 7606 and upon request by the superintendent, the self-storage provider shall provide a list to the superintendent of all locations in this State at which the self-storage provider offers coverage.
[PL 2021, c. 676, Pt. A, §42 (NEW).]
4. Activities authorized by license. Notwithstanding any provision of law to the contrary, a license issued pursuant to this chapter authorizes the licensee and its employees or authorized representatives to engage only in those activities that are expressly permitted in this chapter.
[PL 2021, c. 676, Pt. A, §42 (NEW).]
SECTION HISTORY
PL 2021, c. 676, Pt. A, §42 (NEW).