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2023 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 99: LIMITED LINES SELF-STORAGE INSURANCE
24-A §7602. Licensure of self-storage providers

Universal Citation:
24-A ME Rev Stat § 7602 (2023)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

§7602. Licensure of self-storage providers

1.  License required.  A self-storage provider must obtain a limited lines license under this chapter prior to selling or offering coverage under a policy of self-storage insurance.  

[PL 2021, c. 676, Pt. A, §42 (NEW).]

2.  Authority provided by license.  A limited lines license issued under this chapter authorizes any employee or authorized representative of a self-storage provider to sell or offer coverage under a policy of self-storage insurance to a customer at each location at which the self-storage provider engages with a customer or prospective customer.  

[PL 2021, c. 676, Pt. A, §42 (NEW).]

3.  List of locations.  In connection with a self-storage provider's application for a license under section 7606 and upon request by the superintendent, the self-storage provider shall provide a list to the superintendent of all locations in this State at which the self-storage provider offers coverage.  

[PL 2021, c. 676, Pt. A, §42 (NEW).]

4.  Activities authorized by license.  Notwithstanding any provision of law to the contrary, a license issued pursuant to this chapter authorizes the licensee and its employees or authorized representatives to engage only in those activities that are expressly permitted in this chapter.  

[PL 2021, c. 676, Pt. A, §42 (NEW).]

SECTION HISTORY

PL 2021, c. 676, Pt. A, §42 (NEW).

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