Maine Statutes

§ 5 §1727-A — Conflict of interest prohibited

Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 4 FINANCE·Ch. 152 INSURANCE ON STATE-OWNED PROPERTY
The State Controller or any employee of the division may not be financially interested, directly or indirectly, in any insurer, agency or insurance transaction, except as a policyholder or claimant under a policy, nor may the State Controller or any employee be licensed under Title 24‑A, as an agent, broker, consultant or adjuster.

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Legislative History

PL 1983, c. 349, §7 (NEW). PL 2017, c. 284, Pt. O, §2 (AMD).

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