Maine Revised Statutes Title 3 Sec. 704 – Beneficiaries under disability
Current as of: 2023 | Check for updates
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Terms Used In Maine Revised Statutes Title 3 Sec. 704
- 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
- Beneficiary: means any person who receives or is designated to receive a benefit provided by this chapter. See Maine Revised Statutes Title 3 Sec. 701
Any beneficiary who is entitled to make an election of benefits under subchapter 5, but is not lawfully qualified to make that election, shall have that election made in the beneficiary‘s behalf by the person authorized to do so by Title 18?C, Article 5. [PL 2017, c. 402, Pt. C, §2 (AMD); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 1985, c. 507, §1 (NEW). PL 2017, c. 402, Pt. C, §2 (AMD). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).