| | | Prior law governs all suits, actions, prosecutions, or | | proceedings which are pending or may be initiated on the basis of | | facts or circumstances occurring before the effective date of a | | State blue sky statute. See Hilton v. Mumaw, 522 F.2d 588, 600 | | (9th Cir. 1975). |
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| | | Sec. B-1. 24-A MRSA §2517, sub-§3 is enacted to read: |
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| | | 3.__The superintendent shall adopt rules regarding the | | suitability of sales of annuities for the purpose of protecting | | the consumer and furthering uniformity of laws with other states.__ | | Rules adopted pursuant to this section are routine technical | | rules pursuant to Title 5, chapter 375, subchapter 2-A. |
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| | | Sec. C-1. 4 MRSA §152, sub-§9, as amended by PL 2001, c. 229, §1, is | | further amended to read: |
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| | | 9. Licensing jurisdiction. Except as provided in Title 5, | | section 10004; Title 8, section 279-B; Title 10, section 8003, | | subsection 5; Title 20-A, sections 10712 and 10713; Title 29-A; | Title 32, chapters 2-B, 105 and | | section 3132, exclusive jurisdiction upon complaint of an agency | | or, if the licensing agency fails or refuses to act within a | | reasonable time, upon complaint of the Attorney General to revoke | | or suspend licenses issued by the agency. The District Court has | | original jurisdiction upon complaint of a licensing agency to | | determine whether renewal or reissuance of a license of that | | agency may be refused. The District Court has original | | concurrent jurisdiction to grant equitable relief in proceedings | | initiated by an agency or the Department of the Attorney General | | alleging any violation of a license or licensing laws or rules. |
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| | | Notwithstanding any other provisions of law, a licensing agency | | may not reinstate or otherwise affect a license suspended, | | revoked or modified by the District Court pursuant to a complaint | | filed by the Attorney General without the approval of the | | Attorney General; |
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| | | Sec. C-2. 5 MRSA §194-B, sub-§2, ¶B, as enacted by PL 2001, c. 550, Pt. | | A, §2, is amended to read: |
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| | | B. Sales or transfers for fair market value of: |
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