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Me. Rev. Stat. tit. 5, § 1727-A

Conflict of interest prohibited

PL 1983, c. 349, §7 (NEW)

The State Controller or any employee of the division may not be financially interested, directly or indirectly, in any insurer, agency or insurance transaction, except as a policyholder or claimant under a policy, nor may the State Controller or any employee be licensed under Title 24‑A, as an agent, broker, consultant or adjuster.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.