Maine Statutes
§ 32 §8111 — Bonding and insurance requirements
1.Bonding requirement.
A person licensed as a professional investigator shall give to the chief a bond in the sum of $10,000 if the licensee is a resident of the State and in the sum of $50,000 if the licensee is not a resident of the State.
2.Form of a bond.
Each bond must:
3.Insurance requirement.
A person licensed as a professional investigator shall provide to the chief proof of insurance naming the licensee as the insured issued by an insurer authorized to do business in the State in the amount of a minimum of $10,000 in property damages, $100,000 for injury or death of a person and $200,000 for injuries to or deaths of more than one person arising out of the operation of the licensed activity. Proof of insurance must be submitted to the chief annually.
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Legislative History
PL 1981, c. 126, §2 (NEW). PL 2011, c. 366, §43 (AMD).
Nearby Sections
15
§ 32 §81
Title§ 32 §81-A
Statement of purpose§ 32 §8101
Short title§ 32 §8102
Purpose§ 32 §8103
Definitions§ 32 §8103-A
Board of Licensure of Professional Investigators§ 32 §8104
License requirement; exceptions§ 32 §8107
Application for original license§ 32 §8108
Applicant with out-of-state license§ 32 §8109
Renewal of license§ 32 §8110
Investigative assistant's license§ 32 §8110-A
Employment of investigative assistant§ 32 §8110-B
Sponsorship of investigative assistant