Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
032 - OFFICE OF SECURITIES
Chapter 539 - OFFERS AND SALES OF VIATICAL OR LIFE SETTLEMENT CONTRACTS
Section 032-539-3 - Filing Requirement

Universal Citation: 02 ME Code Rules § 032-539-3

Current through 2025-13, March 26, 2025

Prior to any offer of an investment in a viatical or life settlement contract in Maine, an issuer must file with the Securities Administrator, for each type of contract, a completed and signed Notice of Exemption for Offers and Sales of Viatical or Life Settlement Contracts under 32M.R.S.A. §16202(25)(C) together with:

1. A copy of offering materials specified in section 4(2) of this chapter;

2. A completed consent to service of process on Uniform Form U-2 signed by the issuer; and

3. A nonrefundable $300 filing fee for each type of interest offered.

The Securities Administrator hereby adopts the attached form Notice of Exemption for Offers and Sales of Viatical or Life Settlement Contracts.

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