Maine Statutes
§ 32 §6174 — Bond required
Maine § 32 §6174
This text of Maine § 32 §6174 (Bond required) 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. 32, § 32 §6174 (2026).
Text
Each application must be accompanied by evidence of a surety bond in a form approved by the administrator in the aggregate amount of $50,000 to run to the administrator for use by the administrator and any person or persons who may have a cause of action against a debt management service provider. The terms of the bond must run concurrently with the period of time during which the registration is in effect.
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Legislative History
PL 1999, c. 560, §3 (NEW).
Nearby Sections
15
§ 32 §61
Requirement for license§ 32 §6100
Report of condition§ 32 §6100-A
Audited financials§ 32 §6100-AA
Consent agreements§ 32 §6100-B
Authorized delegate reporting§ 32 §6100-BB
Criminal penalties§ 32 §6100-C
Reports of certain events§ 32 §6100-CC
Civil penalties§ 32 §6100-D
Bank Secrecy Act reports§ 32 §6100-DD
Unlicensed persons§ 32 §6100-E
Records§ 32 §6100-HH
Uniformity of application and construction§ 32 §6100-I
Unauthorized activitiesCite This Page — Counsel Stack
Bluebook (online)
Maine § 32 §6174, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/32%20%C2%A76174.