§4-404. Choice of insurance producer
61 words·~1 min read·
/me/title-9-a-maine-consumer-credit-code/4-404·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A supervised lender or its affiliate that negotiates or sells insurance products to purchasers or borrowers as authorized under section 4‑402 may not, in connection with the extension of credit, interfere with a purchaser's or borrower's free choice of an insurance producer or company under applicable provisions set forth in Title 24‑A . [PL 2021, c. 676, Pt. C, §6 (AMD).]