Any person acting, or offering to act, as an agent or broker for a risk retention group or purchasing group, which solicits members, sells insurance coverage, purchases coverage for its members located within the State or otherwise does business in this State shall, before commencing any such activity, obtain an appropriate license from the superintendent.
Me. Rev. Stat. tit. 24-A, § 6102
Duty of agents or brokers to obtain license
Known as the Maine Liability Risk Retention Act
The act spans §§ 6091 to 6104 (14 sections).
PL 1987, c. 481, §3 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.