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Maine · Through October 1, 2025

32 M.R.S. §16530: Rights of State

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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. Subrogation. The State is subrogated to the rights of a claimant awarded restitution assistance under this subchapter to the extent of the restitution assistance award made. The subrogation rights are against the person ordered to pay restitution to a victim for a securities violation.

2. Lien on recovery. The State is entitled to a lien in the amount of the restitution assistance award on any recovery made by or on behalf of a victim. The State may assert its right to this amount in a separate action or intervene in an action brought by or on behalf of the victim.

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

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