9-A §4-404. Choice of insurance agent or broker

Title 9-A: MAINE CONSUMER CREDIT CODE

Article 4: INSURANCE

Part 4: INSURANCE ACTIVITIES BY SUPERVISED LENDERS HEADING: PL 1997, C. 315, §8 (NEW)

§4-404. Choice of insurance agent or broker

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 agent or company under applicable provisions set forth in Title 24-A. [1997, c. 315, §8 (NEW).]

SECTION HISTORY

1997, c. 315, §8 (NEW).