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Maine · Through October 1, 2025

24-A M.R.S. §3034: Mortgagee's policy void, unless consented to

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Where this section sits in the code
  1. TITLE 24-A: MAINE INSURANCE CODE
  2. CHAPTER 41: PROPERTY INSURANCE CONTRACTS
  3. SUBCHAPTER 3: LIEN OF MORTGAGEES ON POLICIES

When any mortgagee claims the benefit of sections 3030 to 3033, any policy of insurance that the mortgagee had procured or subsequently procures on the mortgagee's interest in the same property by virtue of the mortgage is void, unless consented to by the insurer insuring the mortgagor's interest.

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

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