Maine Statutes
§ 24-A §2162-A — Payment of dividend conditioned upon renewal; unfair trade practice
Maine § 24-A §2162-A
This text of Maine § 24-A §2162-A (Payment of dividend conditioned upon renewal; unfair trade practice) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Me. Rev. Stat. tit. 24-A, § 24-A §2162-A (2026).
Text
It is an unfair trade practice to make the payment of a policy dividend or any portion of a dividend conditioned upon renewal of the policy or contracts. This section does not apply to the first year dividend on life insurance policies.
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Legislative History
PL 1985, c. 548 (NEW).
Nearby Sections
15
§ 24 §1
Insurance contract§ 24 §1002
Formation of corporation; guaranty fund; authority to write business; liability of policyholder§ 24 §1004
Assigned risks; reinsurance§ 24 §1008
Calls for payments; proceeds§ 24 §1012
Annual report; examinations§ 24 §1013
Filing fees§ 24 §1051
Automobile physical damage insuranceCite This Page — Counsel Stack
Bluebook (online)
Maine § 24-A §2162-A, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A72162-A.