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2012 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 41: PROPERTY INSURANCE CONTRACTS
24-A §3034. Mortgagee's policy void, unless consented to


24-A ME Rev Stat § 3034 (2012 through 125th Legis) What's This?

Subchapter 3: LIEN OF MORTGAGEES ON POLICIES

§3034. Mortgagee's policy void, unless consented to

When any mortgagee claims the benefit of sections 3030 to 3033, any policy of insurance which he had procured or subsequently procures on his interest in the same property by virtue of his mortgage is void, unless consented to by the insurer insuring the mortgagor's interest. [1969, c. 132, §1 (NEW).]

SECTION HISTORY

1969, c. 132, §1 (NEW).

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