Maine Revised Statutes Title 9-A Sec. 4-401 – Scope
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1. Scope. This Part applies to supervised lenders who are not supervised financial organizations.
[PL 1997, c. 315, §8 (NEW).]
Terms Used In Maine Revised Statutes Title 9-A Sec. 4-401
- Insurance product: means a contract of insurance that is offered for sale by an insurance producer employed by or affiliated with a supervised lender. See Maine Revised Statutes Title 9-A Sec. 4-403
2. Exceptions. Except for sections 4?402 and 4?405, this Part does not apply to group health and group life insurance to the extent authorized by Title 24?A, chapters 31 and 35 when the insured is enrolled in the insurance policy, credit life and credit health insurance to the extent authorized by Title 24?A, chapter 37, credit property insurance, credit involuntary unemployment insurance, forced placed property insurance, a vendor’s single interest policy or any other insurance product as determined by the Superintendent of Insurance.
[PL 1997, c. 315, §8 (NEW).]
SECTION HISTORY
PL 1997, c. 315, §8 (NEW).