Maine Statutes
§ 24-A §5053 — Rulemaking, disclosure standards, compensation
Maine § 24-A §5053
JurisdictionMaine
Title 24-AMAINE INSURANCE CODE
Ch. 68NURSING HOME CARE AND LONG-TERM CARE INSURANCE POLICIES
This text of Maine § 24-A §5053 (Rulemaking, disclosure standards, compensation) 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 §5053 (2026).
Text
The superintendent may adopt reasonable rules to provide for the full and fair disclosure of information in connection with the sale of long-term care, home health care and nursing home care policies, including, but not limited to, an outline of coverage requirements and requirements relating to the replacement sale of the policies and compensation or commission to an agent or representative for the sale of a nursing home care, home health care or long-term care policy or certificate.
The superintendent may adopt reasonable rules setting or limiting the rate of compensation or commission to an agent or other representative for the sale of a nursing home care, home health care or long-term care policy or certificate and regarding replacement sale of a nursing home care, home health care or
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Legislative History
PL 1985, c. 648, §12 (NEW). PL 1991, c. 200, §C2 (AMD). PL 1997, c. 604, §D5 (AMD).
Nearby Sections
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§ 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 §5053, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A75053.