State Codes and Statutes
Statutes > Maine > Title24a > Title24-Ach24-Asec0 > Title24-Asec2245Title 24-A: MAINE INSURANCE CODE
Chapter 24-A: PROTECTION OF BENEFICIARIES OF STRUCTURED SETTLEMENTS HEADING: PL 1999, C. 268, §2 (NEW)
§2245. Prohibitions
1. Prohibition against waiver. The provisions of this chapter may not be waived.
[ 1999, c. 268, §2 (NEW) .]
2. Prohibition against penalty. A payee who proposes to make a transfer of structured settlement payment rights may not incur a penalty, forfeit an application fee or other payment or otherwise incur any liability to the proposed transferee based on the failure of that transfer to satisfy the conditions of section 2243.
[ 1999, c. 268, §2 (NEW) .]
SECTION HISTORY
1999, c. 268, §2 (NEW).
