Maine Statutes

§ 33 §2196 — Waiver of interest and penalty

Maine § 33 §2196
JurisdictionMaine
Title 33PROPERTY
Ch. 45MAINE REVISED UNCLAIMED PROPERTY ACT

This text of Maine § 33 §2196 (Waiver of interest and penalty) 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. 33, § 33 §2196 (2026).

Text

The administrator:

1.Waive interest and penalties. May waive, in whole or in part, interest under section 2194, subsection 1 and penalties under section 2194, subsection 2 or section 2195; and
2.Good faith, without negligence. Shall waive a penalty under section 2194, subsection 2 if the administrator determines that the holder acted in good faith and without negligence.

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Legislative History

PL 2019, c. 498, §22 (NEW).

Nearby Sections

15
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Bluebook (online)
Maine § 33 §2196, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/33%20%C2%A72196.