H.P. 861 - L.D. 1218
An Act Relating to Automobile Rental Supplemental Liability Insurance
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 24-A MRSA §1402, sub-§9, ¶¶F and G, as enacted by PL 1997, c. 457, §23 and affected by §55, are amended to read:
F. Annuities contracts only; or
G. Automobile mechanical break-down breakdown contracts only.; or
Sec. 2. 24-A MRSA §1402, sub-§9, ¶H is enacted to read:
H. Liability insurance offered by a motor vehicle rental company incidental to the rental of a motor vehicle for a period not to exceed 60 days.
Sec. 3. 24-A MRSA §1413, sub-§8 is enacted to read:
8. Motor vehicle rental company. A rental company that primarily provides rental of motor vehicles to the public under a rental agreement that includes travel, baggage, liability or other related insurance coverage purchased by an individual in connection with and incidental to the rental of a motor vehicle, whether at the rental office or by preselection of coverage by the individual, shall obtain a limited insurance producer license under this chapter, and at least one employee at each office of the rental company located in the State shall obtain a limited insurance producer license.
Sec. 4. 24-A MRSA §1427, sub-§1, ¶C, as amended by PL 1997, c. 592, §30, is further amended to read:
C. An applicant for a license as a resident title insurance producer who is an attorney at law duly licensed to practice law in this State; or
Sec. 5. 24-A MRSA §1427, sub-§1, ¶D, as amended by PL 1997, c. 592, §31, is further amended to read:
D. An applicant for a license as a limited insurance producer who solicits or sells mechanical breakdown insurance.; or
Sec. 6. 24-A MRSA §1427, sub-§1, ¶E is enacted to read:
E. An applicant for a license as a limited insurance producer employed by a motor vehicle rental company who solicits or sells liability insurance in connection with and incidental to the rental of a motor vehicle for a period not to exceed 60 days.
Effective September 18, 1999, unless otherwise indicated.
| Revisor of Statutes Homepage | Subject Index | Search | Laws of Maine | Maine Legislature |
