Maine Revised Statutes
Subchapter 5-A: SECURITIES RESTITUTION ASSISTANCE FUND
32 §16526. Conditions under which award of restitution assistance prohibited

§16526. Conditions under which award of restitution assistance prohibited
The administrator may not award restitution assistance if:   [PL 2021, c. 576, §1 (NEW).]
1.  Participating in or committing securities violation.  The victim sustained the monetary injury primarily as a result of:  
A. Participating or assisting in a securities violation; or   [PL 2021, c. 576, §1 (NEW).]
B. Attempting to commit or committing a securities violation;   [PL 2021, c. 576, §1 (NEW).]
[PL 2021, c. 576, §1 (NEW).]
2.  Profit from securities violation.  The victim profited or would have profited from a securities violation;  
[PL 2021, c. 576, §1 (NEW).]
3.  Previous restitution assistance.  The victim has received restitution assistance under this subchapter in the previous 5 years; or  
[PL 2021, c. 576, §1 (NEW).]
4.  Final order overturned.  An award of restitution in a final order is overturned on appeal.  
[PL 2021, c. 576, §1 (NEW).]
SECTION HISTORY
PL 2021, c. 576, §1 (NEW).