Maine Revised Statutes Title 9-A Sec. 4-406 – Distinguishing insurance products from loan products; identification of insurance producers
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Terms Used In Maine Revised Statutes Title 9-A Sec. 4-406
- Customer: means a person or an authorized representative who has been personally and directly offered or presently maintains an investment security, trust, credit or an insurance product with a supervised lender. See Maine Revised Statutes Title 9-A Sec. 4-403
To the extent practicable, sales of insurance products authorized by this Part must take place in a manner that minimizes customer confusion between any noninsurance product offered by the supervised lender or its affiliates and those insurance products. A supervised lender, or its affiliates, is in compliance with this section if it utilizes signs clearly visible to its customers that distinguish insurance products of the supervised lender, or its affiliates, from its noninsurance products and that adequately identify insurance producers and consultants affiliated with the supervised lender. [PL 2021, c. 676, Pt. C, §7 (AMD).]
SECTION HISTORY
PL 1997, c. 315, §8 (NEW). PL 2021, c. 676, Pt. C, §7 (AMD).