Maine Revised Statutes Title 33 Sec. 2142 – Administrator to retain records of property
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The administrator shall: [PL 2019, c. 498, §22 (NEW).]
1. Name and address of apparent owners. Record and retain the name and last known address of each person shown on a report filed under section 2091 to be the apparent owner of property delivered to the administrator;
[PL 2019, c. 498, §22 (NEW).]
Terms Used In Maine Revised Statutes Title 33 Sec. 2142
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Contract: A legal written agreement that becomes binding when signed.
2. Name and address of insureds, annuitants and beneficiaries. Record and retain the name and last known address of each insured or annuitant and beneficiary shown on the report;
[PL 2019, c. 498, §22 (NEW).]
3. Policy or account number, company and amount. For each policy of insurance or annuity contract listed in the report of an insurance company, record and retain the policy or account number, the name of the company and the amount due or paid; and
[PL 2019, c. 498, §22 (NEW).]
4. Holder that filed report. For each apparent owner listed in the report, record and retain the name of the holder that filed the report and the amount due or paid.
[PL 2019, c. 498, §22 (NEW).]
SECTION HISTORY
PL 2019, c. 498, §22 (NEW).