Maine Revised Statutes, Title 10, § 1396: License; requirements
A person may not act as an exchange facilitator in this State without first getting a license from the administrator.
- Branch licenses
- Exemptions
- License requirements
- Renewal fees
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A person may not act as an exchange facilitator in this State without first getting a license from the administrator.
An exchange facilitator must continuously meet either the financial responsibility requirements in subsection 1 or the insurance/alternative coverage requirements in subsection 2.
1. Duty to client. An exchange facilitator shall act as a custodian for all exchange funds, including, but not limited to, money, property, other consideration or instruments received by the person from, or on behalf of, a client, except
The administrator may file claims on certain bonds, deposits, or letters of credit, and a person may bring a civil action against an exchange facilitator for violations of this chapter.
This section defines “Commission” and “trade agreement,” bars State officials from binding Maine to a trade agreement in specified circumstances, requires the Governor to distribute certain federal communications, requires the commission to review and report, and says the State cannot be bound unless the Legislature au
This section defines key terms used in the chapter, including administrator, financial institution, settlement agency, settlement agent, and settlement.
A person may not operate as a settlement agency in the state without first registering. Registered settlement agencies must renew annually, file the required form, and maintain a home office as their principal location.
The administrator may make rules, examine or investigate exchange facilitators’ books and records, charge actual examination costs, and take other enforcement action allowed under Title 9-A, Article 6.
New manufactured homes sold by a dealer are covered by the warranties in this chapter.
This section defines terms used in the chapter, including “dealer,” “installer,” and “manufactured housing.”
This section says the section 1404 warranty applies to specified manufactured-housing manufacturers, dealers, and certain transporters/installers, and that the section 1404-A warranty applies to installers.
The installer must give the buyer a written warranty for each new manufactured housing unit installed, and must deliver it at the time of installation.
The dealer must give the buyer a written warranty at sale, and the manufacturer or dealer must provide corrective action for qualifying defects if notice rules are met.
This section says the warranty is additional to other legal rights, and a manufacturer or dealer cannot make the buyer waive rights under this chapter.
Any violation of this chapter shall constitute a violation of Title 5, chapter 10, Unfair Trade Practices Act. [PL 1973, c. 435 (NEW).]
This chapter is named the "Energy Efficiency Building Performance Standards Act."
This section defines terms used in the chapter, including ASHRAE, BTU, conditioned space, gross floor area, primary heating system, remodeling, and renovation.
Limits use of electric resistance space heating as the primary heating system in publicly funded multifamily residential construction, with waiver and performance-based exceptions.
This chapter may be cited as the "Regulation of Business Practices between Recreational Vehicle Manufacturers, Distributors and Dealers."
As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1997, c. 427, §2 (NEW).] 1. Camping trailer. "Camping trailer" means a trailer constructed with collapsible partial side
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