Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 545 - PRODUCER AND BUSINESS ENTITY LICENSE AND APPOINTMENT FEES
Section 031-545-2 - Applicability and specific authority

Current through 2024-38, September 18, 2024

This rule applies to resident and nonresident individual producers and producer business entities subject to licensing under 24-A M.R.S.A. §§1413 and 1420-B, and any insurer, as defined at 24-A M.R.S.A. §1420-A(5), which appoints any individual or business entity producer licensee to act as its agent in this State as specified at 24-A M.R.S.A. §1420-M.

Title 24-A M.R.S.A. §601(5) sets forth the maximum license and appointment fees applicable to producers unless the Superintendent establishes a different amount by rule, which may not exceed the statutory cap.

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