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Maine · Through October 1, 2025

24-A M.R.S. §2245: Prohibitions

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Where this section sits in the code
  1. TITLE 24-A: MAINE INSURANCE CODE
  2. CHAPTER 24-A: PROTECTION OF BENEFICIARIES OF STRUCTURED SETTLEMENTS

1. Prohibition against waiver. The provisions of this chapter may not be waived.

2. Prohibition against penalty. A payee who proposes to make a transfer of structured settlement payment rights may not incur a penalty, forfeit an application fee or other payment or otherwise incur any liability to the proposed transferee based on the failure of that transfer to satisfy the conditions of section 2243.

Collected 2026-09-04T15:12:33Z. Source file · JSON

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