Me. Stat. tit. 24-A § 2162-A

Current through 131st (2023-2024) Legislature Chapter 684

Section 2162-A - Payment of dividend conditioned upon renewal; unfair trade practice

It is an unfair trade practice to make the payment of a policy dividend or any portion of a dividend conditioned upon renewal of the policy or contracts. This section does not apply to the first year dividend on life insurance policies. [1985, c. 548(NEW).]

24-A M.R.S. § 2162-A

1985, c. 548, (NEW) .