§2164. Stock operations and advisory board contracts
No person shall issue or deliver or permit its agents, officers, or employees to issue or deliver agency company stock or other capital stock, or benefit certificates or shares in any common law corporation, or securities or any special or advisory board contracts or other contracts of any kind promising returns and profits as an inducement to insurance. [PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 23: TRADE PRACTICES AND FRAUDS
24-A §2152. Unfair methods; deceptive acts prohibited
24-A §2152-A. Life insurance solicitation
24-A §2152-B. Unfair solicitation methods
24-A §2153. Misrepresentation; false advertising of policies
24-A §2154. False information; advertising
24-A §2155. "Twisting" prohibited
24-A §2155-A. Dumping prohibited
24-A §2156. False or misleading financial statements
24-A §2158. Boycott, coercion and intimidation
24-A §2159. Unfair discrimination -- life insurance, annuities and health insurance
24-A §2159-A. Insurance discrimination solely on account of blindness prohibited
24-A §2159-B. Discrimination against victims of domestic abuse prohibited
24-A §2159-C. Discrimination on the basis of genetic information or testing
24-A §2159-E. Discrimination against naloxone hydrochloride purchases prohibited in life insurance
24-A §2160. Rebates -- life, health and annuity contracts
24-A §2162. Unfair discrimination, rebates prohibited -- property, casualty, surety insurance
24-A §2162-A. Payment of dividend conditioned upon renewal; unfair trade practice
24-A §2163. Receipt of rebate, illegal inducement prohibited
24-A §2163-A. Permitted activities
24-A §2164. Stock operations and advisory board contracts
24-A §2164-A. Direct billing, notice
24-A §2164-B. Conflicts of interest in appraisals (REPEALED)
24-A §2164-C. Free competition
24-A §2164-D. Unfair claims practices
24-A §2164-E. Disclosure of coverage limits to claimant; penalty
24-A §2165. Desist orders for prohibited practices (REPEALED)
24-A §2166. Procedures as to undefined practices (REPEALED)
24-A §2167. Service upon unauthorized insurers
24-A §2167-A. Notice to domiciliary supervisory official
24-A §2168. Coercion in requiring insurance
24-A §2168-A. Tie-in sales of insurance
24-A §2168-B. Solicitation or negotiation involving purchasers or borrowers
24-A §2169. Notice of free choice of agent or insurer
24-A §2169-A. Confidentiality of insurance information obtained by lenders
24-A §2169-B. Use of consumer reports in insurance underwriting
24-A §2170. Certain fees for handling insurance transactions in connection with loans prohibited
24-A §2171. Using insurance information to detriment of another
24-A §2172. Fictitious groups prohibited
24-A §2173. Interlocking ownership; management
24-A §2174. Illegal dealing in premiums; excess charges for insurance
24-A §2174-A. Public works employees' insurance rates
24-A §2174-B. Law enforcement officers' and emergency responders' insurance rates
24-A §2175. Insurer's ownership of funeral establishment or cemetery prohibited
24-A §2176. Funeral and burial service contracts prohibited
24-A §2177. Insurer name -- deceptive use prohibited
24-A §2178. False applications, claims, proofs of loss; penalty
24-A §2179. Inquests into insurance frauds
24-A §2180. Unfair and coercive insurance requirements
24-A §2183. Immunity from liability (REPEALED)
24-A §2184. Credit card charges of insurance purchases (REPEALED)
24-A §2185. Calculation of health benefits based on actual cost
24-A §2186. Insurance fraud prevention
24-A §2187. Insurance fraud reporting immunity
24-A §2188. Permitted activities of insurance producers; navigators; requirements
24-A §2189. Requirements related to enrollment in health plans