Maine Revised Statutes
Subchapter 5-A: SECURITIES RESTITUTION ASSISTANCE FUND
32 §16525. Payment of restitution assistance; limits

§16525. Payment of restitution assistance; limits
1.  Payment cap.  The administrator may award to a claimant restitution assistance that is:  
A. The lesser of $15,000 and 25% of the amount of unpaid restitution awarded in the final order if the victim is not an eligible adult; or   [PL 2021, c. 576, §1 (NEW).]
B. The lesser of $30,000 and 50% of the amount of unpaid restitution awarded in the final order if the victim is an eligible adult.   [PL 2021, c. 576, §1 (NEW).]
[PL 2021, c. 576, §1 (NEW).]
2.  Waiver.  The administrator may waive the payment caps in subsection 1 for good cause shown.  
[PL 2021, c. 576, §1 (NEW).]
3.  Award limited.  An award of restitution assistance under this subchapter may be made to only one claimant per victim.  
[PL 2021, c. 576, §1 (NEW).]
Restitution assistance awards may be made under this subchapter only to victims awarded restitution in a final order issued on or after the effective date of this subchapter.   [PL 2021, c. 576, §1 (NEW).]
SECTION HISTORY
PL 2021, c. 576, §1 (NEW).

Structure Maine Revised Statutes