GroundRules
← Search the law
Maine · Through October 1, 2025

32 M.R.S. §16525: Payment of restitution assistance; limits

Read at publisher ↗
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. Payment cap. The administrator may award to a claimant restitution assistance that is:

A. The lesser of $15,000 and 25% of the amount of unpaid restitution awarded in the final order if the victim is not an eligible adult; or

B. The lesser of $30,000 and 50% of the amount of unpaid restitution awarded in the final order if the victim is an eligible adult.

2. Waiver. The administrator may waive the payment caps in subsection 1 for good cause shown.

3. Award limited. An award of restitution assistance under this subchapter may be made to only one claimant per victim.

Restitution assistance awards may be made under this subchapter only to victims awarded restitution in a final order issued on or after the effective date of this subchapter.

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

Browse this collection