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Maine · Through October 1, 2025

32 M.R.S. §16523: Claims

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Where this section sits in the code
  1. TITLE 32: PROFESSIONS AND OCCUPATIONS
  2. CHAPTER 135: MAINE UNIFORM SECURITIES ACT
  3. SUBCHAPTER 5-A: SECURITIES RESTITUTION ASSISTANCE FUND

1. Eligible victims. The following victims are eligible for restitution assistance:

A. A natural person who was a resident of the State at the time of the securities violation; and

B. A person, other than a natural person, that was domiciled in the State at the time of the securities violation.

2. Application. A person that is eligible for restitution assistance under this subchapter may submit an application in a manner and form prescribed by the administrator. The administrator may provide forms for the submission of applications.

3. Deadline. The application for restitution assistance under this subchapter must be received by the administrator not more than one year after the date of the final order awarding restitution to the victim.

4. Extension. Notwithstanding subsection 3, the administrator may grant an extension of time for submission of an application for restitution assistance for good cause shown by the claimant.

Collected 2026-09-04T15:12:37Z. Source file · JSON

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