reglab/housing_qa huggingface dataset:
24-A ME Rev Stat § 1432 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 3: APPLICATION PROCEDURE FOR ADJUSTERS AND CONSULTANTS|24-A §1432. Termination of producer or agency appointment (REPEALED)

 §1432. Termination of producer or agency appointment (REPEALED)SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 1997, c. 592, §38 (RP).
24-A ME Rev Stat § 1441 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1441. Applicability

 §1441. Applicability 1.  Licensed resident producers.   [PL 1997, c. 592, §39 (RP).] 1-A.  Licensed producers.  This subchapter applies to licensed resident and nonresident producers.   [PL 1997, c. 592, §40 (NEW).] SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 1997, c. 592, §§39,40 (AMD).
24-A ME Rev Stat § 1441-A (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1441-A. Appointment of insurance producers or agencies (REPEALED)

 §1441-A. Appointment of insurance producers or agencies (REPEALED)SECTION HISTORY PL 1997, c. 592, §41 (NEW). PL 2001, c. 259, §35 (RP).
24-A ME Rev Stat § 1441-B (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1441-B. Termination of producer or agency appointment (REPEALED)

 §1441-B. Termination of producer or agency appointment (REPEALED)SECTION HISTORY PL 1997, c. 592, §41 (NEW). PL 2001, c. 259, §35 (RP).
24-A ME Rev Stat § 1442 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1442. Authority of insurance producer

 §1442. Authority of insurance producer 1.  Licensed insurance producer.  A licensed insurance producer in this State may:   A. Engage in insurance producer activities throughout this State within the authority granted the insurance producer by the insurer, health maintenance organization, fraternal benefit society, or nonprofit hospital or medical service organization and the scope of the producer's license;   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]B. Adjust the losses of the insurer or fraternal benefit society within the authority granted the insurance producer by the insurer or fraternal benefit society;   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]C. Not place or seek to place insurance coverage, other than with an insurer, health maintenance organization, fraternal benefit society or nonprofit hospital association for which the insurance producer holds an appointment, except as provided under section 1450, subsection 2. A licensed resident or a nonresident insurance producer may not place or seek to place insurance coverage other than in an authorized insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization, except as provided in chapter 19; and   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]D. Enter into a contract or arrangement with a financial institution for the purpose of participating in a finance program with the financial institution. In this case, the financial institution need not be licensed as a producer, as long as the purpose of the arrangement is to authorize an insurance producer to facilitate, direct or refer insureds, prospective insureds or other customers to the financial institution for loans or for the purpose of authorizing an insurance producer to facilitate arrangements for leases, loans or credit applications with the financial institution.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).][PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF).
24-A ME Rev Stat § 1443 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1443. Exceptions to licensing requirement (REPEALED)

 §1443. Exceptions to licensing requirement (REPEALED)SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 2001, c. 259, §36 (RP).
24-A ME Rev Stat § 1444 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1444. Appointment required; report and fees required (REPEALED)

 §1444. Appointment required; report and fees required (REPEALED)SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 2001, c. 259, §38 (RP).
24-A ME Rev Stat § 1444-A (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1444-A. Insurance vending machines

 §1444-A. Insurance vending machines 1.  Vending machines.  A licensed insurance producer may solicit and issue personal travel accident insurance policies by means of a mechanical vending machine supervised by the insurance producer and placed at an airport or similar place of convenience to the traveling public if the superintendent finds:   A. That the policy to be sold provides reasonable coverage and benefits, is reasonably suited for sale and issuance through a vending machine and that use of such a machine in a proposed location would be of convenience to the public;   [PL 2001, c. 259, §39 (NEW).]B. That the type of vending machine proposed to be used is reasonably suitable for the purpose;   [PL 2001, c. 259, §39 (NEW).]C. That reasonable means are provided for informing prospective purchasers of policy coverages and restrictions; and   [PL 2001, c. 259, §39 (NEW).]D. That reasonable means are provided for refund of money inserted in a defective machine when no insurance or a lesser amount than that paid for is actually received.   [PL 2001, c. 259, §39 (NEW).][PL 2001, c. 259, §39 (NEW).] 2.  Special license.  For each machine to be used, the superintendent may issue to the insurance producer a special vending machine license. The license must specify the name and address of the insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization and the name and address of the insurance producer, the name of the policy to be sold, the serial number of the machine and the place where the machine is to be in operation. The license is subject to termination, suspension or revocation coincidentally with the license of the insurance producer. The superintendent shall also revoke the license for any machine for which the superintendent finds that the license qualifications no longer exist. The license fee for each respective vending machine is established in section 601. Proof of the existence of a license must be displayed on or about each machine in use in the manner that the superintendent reasonably requires.   [PL 2001, c. 259, §39 (NEW).] SECTION HISTORY PL 2001, c. 259, §39 (NEW).
24-A ME Rev Stat § 1445 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1445. Responsibility of insurer, health maintenance organization, fraternal benefit society, or nonprofit hospital or medical service organization; prohibited activities

 §1445. Responsibility of insurer, health maintenance organization, fraternal benefit society, or nonprofit hospital or medical service organization; prohibited activities 1.  Responsibilities for training and supervision.  In addition to any other applicable provisions of law, the insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization:   A. Shall ensure adequate training for its appointed producers;   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]B. Shall provide supervision of its appointed producers who sell insurance on its behalf;   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]C. Is responsible for injuries to consumers resulting from the actions of its appointed producers to the extent of restitution, reimbursement of money or payment of interest to the consumer; and   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]D. Is accountable and may be penalized by the superintendent, as provided for in this Title, for the actions of its producers.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).][PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] 2.  Prohibited activities.  A licensed insurance producer in this State may not:   A. Use knowledge gained as a result of the producer's insurance relationship with the insurance consumer for the producer's own personal gain, other than the receipt of fees or commissions allowed under section 1450, or use knowledge gained as a result of the relationship for the purpose of investing the insurance consumer's money in property or assets in which the insurance producer or the producer's relatives have or will have a personal ownership interest unless that activity is otherwise authorized under insurance, banking or securities laws or rules; or   [PL 1999, c. 225, §4 (AMD).]B. Receive a fee for rendering advice on financial or estate planning or for selling trust packages, if the producer also recommends the purchase of an insurance policy upon which the producer will receive commissions, unless the producer is licensed as a consultant acting in compliance with consultant licensing laws or provides the required documentation in accordance with section 1466, subsection 2.   [PL 1999, c. 225, §4 (AMD).][PL 1999, c. 225, §4 (AMD).] 3.  Common law principles.  Nothing in this chapter abrogates the common law principles of apparent or implied authority as available remedies or defenses.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 1999, c. 225, §4 (AMD).
24-A ME Rev Stat § 1446 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1446. Place of business (REPEALED)

 §1446. Place of business (REPEALED)SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 2001, c. 259, §40 (RP).
24-A ME Rev Stat § 1447 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1447. Records

 §1447. Records 1.  Records.  The insurance producer or business entity shall keep or make accessible at the producer's or business entity's place of business a copy of the written appointment or designation from each insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization with which the insurance producer or business entity has an appointment. The insurance producer or business entity shall keep at the producer's or business entity's place of business complete records of transactions under the license. If a producer engages in transactions on behalf of a business entity and subsequently maintains a different place of business, the business entity shall maintain the records of those transactions. If a producer engages in transactions independent of any business entity, the producer shall maintain the records of those transactions. For the purpose of examination or investigation by the superintendent, records may be maintained in electronic form. As to each insurance policy or contract placed through or sold by the licensee, the records must show:   A. The names of the insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization;   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]B. The number and expiration date of the policy or contract;   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]C. The premium payable as to the policy or contract;   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]D. The name and address of the insured;   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]E. The date and time of every binder made by the insurance producer; and   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]F. Such other information as the superintendent may reasonably require.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).][PL 2001, c. 259, §41 (AMD).] 2.  Retention.  The records must be kept available for inspection by the superintendent for a period of at least 3 years after completion of the respective transactions.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 1999, c. 50, §1 (AMD). PL 2001, c. 259, §41 (AMD).
24-A ME Rev Stat § 1448 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1448. Qualifications for insurance producer license (REPEALED)

 §1448. Qualifications for insurance producer license (REPEALED)SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 2001, c. 259, §42 (RP).
24-A ME Rev Stat § 1449 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1449. Reporting and accounting for premiums

 §1449. Reporting and accounting for premiums All premiums and return premiums received by an insurance producer are trust funds received by the licensee in a fiduciary capacity in accordance with this section.   [PL 2003, c. 35, §1 (RPR).]1.  Return premiums; accounting and payment to an insured.  The licensee shall account for and pay the return premiums to the insured or apply the return premiums to outstanding balances of any insured within 30 days from the date of receipt. The date of receipt is the date the money is actually received or the date the credit is posted by the insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization to the licensee's account.   [PL 2003, c. 35, §1 (NEW).] 2.  Premiums; accounting and payment to an insurer.  The licensee shall promptly account for and pay premiums to the insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization in accordance with the contract between the insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization and the licensee.   [PL 2003, c. 35, §1 (NEW).] SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 2003, c. 35, §1 (RPR).
24-A ME Rev Stat § 1450 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 4: PRODUCERS|24-A §1450. Commissions; payment; acceptance

 §1450. Commissions; payment; acceptance 1.  Commissions.  Except as provided in section 1420‑L, an insurer, health maintenance organization, fraternal benefit society or nonprofit hospital or medical service organization may not pay to any unlicensed person, either directly or indirectly, any commission on a sale of a contract of insurance issued on a risk located or to be performed within this State unless at the time of the taking of the application for the insurance the person was duly licensed by this State as an insurance producer as to the kind or kinds of insurance involved. An unlicensed person or business entity may not receive or accept any commission or compensation for insurance unless licensed pursuant to this chapter.   [PL 2001, c. 259, §43 (AMD).] 2.  Shared commissions.  If an insurance producer does not have an appointment with an insurer, the insurance producer may place with that insurer, through a duly licensed and appointed producer of such insurer, an insurance coverage necessary for the adequate protection of a subject of insurance and share in the commission on that insurance, if each producer is licensed as to the kinds of insurance involved.   A. [PL 2011, c. 238, Pt. H, §5 (RP).] B. [PL 2011, c. 238, Pt. H, §5 (RP).] C. [PL 2011, c. 238, Pt. H, §5 (RP).] D. [PL 2011, c. 238, Pt. H, §5 (RP).] E. [PL 2011, c. 238, Pt. H, §5 (RP).] [PL 2011, c. 238, Pt. H, §5 (AMD).] 3.  Rules.  With respect to the sale of property and casualty insurance sold to large commercial insurance risks, producers may be compensated by fees paid by or on behalf of the insured, by commissions paid by an insurer or by a combination of both. The superintendent may adopt rules to establish standards for determining large commercial insurance risks. Rules adopted pursuant to this subsection are routine technical rules as defined in Title 5, chapter 375, subchapter II‑A.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 2001, c. 259, §43 (AMD). PL 2011, c. 238, Pt. H, §5 (AMD).
24-A ME Rev Stat § 1461 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 5: CONSULTANTS|24-A §1461. Scope of subchapter

 §1461. Scope of subchapter 1.  Scope.  This subchapter applies to consultants as defined in section 1402.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] 2.  Definition.  Unless the context otherwise requires, "consultant," as used in this subchapter, means both property and casualty consultants and life and health consultants as defined in section 1402.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF).
24-A ME Rev Stat § 1462 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 5: CONSULTANTS|24-A §1462. License required

 §1462. License required A person may not act as a consultant in this State without first obtaining a license from the superintendent in accordance with this subchapter.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF).
24-A ME Rev Stat § 1463 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 5: CONSULTANTS|24-A §1463. Qualifications for license

 §1463. Qualifications for license A license may not be issued pursuant to this subchapter unless the applicant has satisfactorily passed a written examination administered by the superintendent and has filed a bond as required by section 1464.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF).
24-A ME Rev Stat § 1464 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 5: CONSULTANTS|24-A §1464. Consultant's bond

 §1464. Consultant's bond 1.  Bond.  Every applicant for license as a consultant shall file with the license application and maintain in effect while licensed a bond issued by an authorized surety insurer in this State, continuous in form and providing for aggregate liability of $20,000.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] 2.  Indemnification.  The bond must indemnify any person damaged by any fraudulent act or conduct of the licensee in transactions under the license, and must likewise be conditioned upon faithful accounting and application of all money coming into the licensee's possession in connection with activities as such a licensee.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] 3.  Release.  The bond remains in force until released by the superintendent or until canceled by the surety. Without prejudice to any liability previously incurred, the surety may cancel the bond upon 30 days advance written notice to the licensee and the superintendent. Upon cancellation by the surety and failure to procure a satisfactory replacement bond prior to cancellation, the consultant's license terminates.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF).
24-A ME Rev Stat § 1465 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 5: CONSULTANTS|24-A §1465. Consulting contract required

 §1465. Consulting contract required A licensee may not act in any further capacity for which a license is required without having first entered into a written contract with a client. The contract must include, without limitation, the amount and basis of any consulting fee and the duration of employment and must be in a form approved by the superintendent.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF).
24-A ME Rev Stat § 1466 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 5: CONSULTANTS|24-A §1466. Commissions and fees

 §1466. Commissions and fees 1.  Property and casualty consultant.  A property and casualty consultant and any person in which the consultant has an interest may not, directly or indirectly, charge a consultant fee and receive or share in any commission for the sale of insurance as a producer on any policy or certificate of insurance unless the advice given by the producer for the insurance occurs at least 12 months before or after the period of employment as a consultant as specified in the contract required by section 1465. This subsection does not prevent a licensed property and casualty insurance producer from receiving a fee rather than commission on the sale of property and casualty insurance in accordance with section 1450 and rules adopted by the superintendent.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).] 2.  Life and health consultant.  A life and health consultant may charge a consulting fee and receive commissions for the sale of insurance as an insurance producer if both the consulting fee and the insurance commissions are provided for in a written agreement, in a form approved by the superintendent, signed by the client and the consultant.   [PL 1999, c. 225, §5 (AMD).] SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF). PL 1999, c. 225, §5 (AMD).
24-A ME Rev Stat § 1467 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS|Subchapter 5: CONSULTANTS|24-A §1467. Obligation to serve interest of client

 §1467. Obligation to serve interest of client A consultant is obligated, under the license, to serve with objectivity and complete loyalty the interests of the client and to render to the client such information, counsel and service that, within the knowledge, understanding and opinion in good faith of the consultant, best serves the client's insurance or annuity needs and interests. A consultant may not use knowledge gained as a result of the consultant's insurance relationship with the client for the consultant's own personal gain, other than the receipt of fees or commissions allowed under section 1450, or use knowledge gained as a result of the relationship for the purpose of investing the client's money in property or assets in which the consultant, or any person in which the consultant has a pecuniary interest or a familial relationship, has or will have a personal ownership interest unless such activity is otherwise specifically authorized under insurance, banking, or securities laws.   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]SECTION HISTORY PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF).