Maine Statutes
§ 10 §1399 — Civil liability
Maine·Title 10 COMMERCE AND TRADE·Part 3 REGULATION OF TRADE·Ch. 212-C REGULATION OF EXCHANGE FACILITATORS
1.Claim on bonds, deposits or letters of credit.
The administrator may file a claim on behalf of any client or clients on the bonds, deposits or letters of credit described in section 1397, subsection 1 to recover the damages as a result of financial loss or damages by reason of the failure of an exchange facilitator to comply with this chapter.
2.Civil action.
A person may bring a civil action in a court of competent jurisdiction against an exchange facilitator for any violation of this chapter.
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Legislative History
PL 2009, c. 61, §1 (NEW).
Nearby Sections
15
§ 10 §1301
Payment of tax§ 10 §1302
Applicability of provisions§ 10 §1305
Terminal rental adjustment clauses; vehicle leases that are not sales or security interests§ 10 §1306
Short title§ 10 §1307
Statement of purpose§ 10 §1308
Definitions§ 10 §1310-A
Administrative enforcement§ 10 §1310-B
Criminal violations§ 10 §1310-C
Civil liability for willful noncompliance§ 10 §1310-D
Civil liability for negligent noncompliance§ 10 §1310-E
Jurisdiction of courts; limitation of actions