United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 24-A, § 2542: Applicability, 1979

Sections 2541 to 2551 do not apply to listed reinsurance and annuity-related contracts, and not to contracts delivered outside Maine through the issuer’s agent or representative.

annuity contractsdeferred compensationreinsuranceretirement plans

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01

Purpose and legislative effect

“Sections 2541 to 2551 do not apply to listed reinsurance and annuity-related contracts, and not to contracts delivered outside Maine through the issuer’s agent or representative.”

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02

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  1. 01

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    Enacted 1979 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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03

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Applicability

Sections 2541 to 2551 do not apply to listed reinsurance and annuity-related contracts, and not to contracts delivered outside Maine through the issuer’s agent or representative.

Section 2542

04

Source and current-law status

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Source record from legislature.maine.gov · Enacted 1979 · Source version 1 Oct 2025

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Commencement
§ 2542ApplicabilityCommencement

Sections 2541 to 2551 do not apply to listed reinsurance and annuity-related contracts, and not to contracts delivered outside Maine through the issuer’s agent or representative.

Sections 2541 to 2551 shall not apply to any reinsurance, group annuity purchased under a retirement plan or plan of deferred compensation established or maintained by an employer, including a partnership or sole proprietorship, or by an employee organization, or by both, other than a plan providing individual retirement accounts or individual retirement annuities under the United States Internal Revenue Code, Section 408, as now or hereafter amended, premium deposit fund, variable annuity, investment annuity, immediate annuity, any deferred annuity contract after annuity payments have commenced, or reversionary annuity, nor to any contract which shall be delivered outside this State through an agent or other representative of the company issuing the contract. [PL 1979, c. 442, §4 (NEW).]
Section 2542Verify source

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  • 1 Oct 2025 · currentEnglish

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