United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 24-A, § 2854: Forms available, 1969

Consumer credit insurance may be issued only in listed forms, and the superintendent may designate additional permissible forms by rule.

consumer credit insurance

Professional statute overview

Enactment structure, operative effect and source provenance

Official source

01

Purpose and legislative effect

“Consumer credit insurance may be issued only in listed forms, and the superintendent may designate additional permissible forms by rule.”

Use this record to locate individual provisions, understand the instrument’s recorded structure, and move from a research summary to the exact source text.

02

How the instrument operates

  1. 01

    Start with the recorded version

    Enacted 1969 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

  2. 02

    Locate the controlling provision

    Use the provision map, part headings and full-text filter to move from the broad subject to the exact legal language.

  3. 03

    Read conditions and exceptions together

    Keep subsections, definitions, provisos and cross-references in context before drawing a legal conclusion.

  4. 04

    Verify currency and official wording

    Confirm later legislation, commencement notices and corrections with the official publisher before advice, filing or reliance.

03

Research entry points

Selected provisions across the instrument. Open any row to continue with the exact stored text.

Forms available

Consumer credit insurance may be issued only in listed forms, and the superintendent may designate additional permissible forms by rule.

Section 2854

04

Source and current-law status

Source record view

Source record from legislature.maine.gov · Enacted 1969 · Source version 1 Oct 2025

Verify current force

The source record does not state a definitive current-law status. Check the official publisher and later amendments before relying on this text.

Source-indexed provision map

Sections and provisions

Search by section, heading, part or exact legal wording. Every result remains linked to the stored source record.

Showing 1 of 1 provisions

Provision
§ 2854Forms availableProvision

Consumer credit insurance may be issued only in listed forms, and the superintendent may designate additional permissible forms by rule.

Consumer credit insurance may be issued only in the following forms: [PL 2001, c. 138, §8 (AMD).] 1. Individual life. Individual policies of life insurance issued to debtors on the term plan; [PL 1969, c. 132, §1 (NEW).] 2. Individual accident and health. Individual policies of health insurance issued to debtors on a term plan, or disability benefit provisions in individual policies of credit life insurance; [PL 1969, c. 132, §1 (NEW).] 3. Group life. Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan; [PL 1969, c. 132, §1 (NEW).] 4. Group accident and health. Group policies of health insurance issued to creditors on a term plan insuring debtors, or disability benefit provisions in group credit life insurance policies to provide such coverage; [PL 1969, c. 132, §1 (NEW).] 4-A. Individual credit property insurance. Individual policies of property insurance on property that is purchased on credit or pledged as collateral on a loan when the insurance is purchased by or issued to the debtor in connection with that loan or credit transaction; [PL 2001, c. 138, §8 (NEW).] 4-B. Group credit property insurance. Group policies of property insurance on property that is purchased on credit or pledged as collateral on a loan when the insurance is purchased by or issued to the debtor in connection with that loan or credit transaction; [PL 2001, c. 138, §8 (NEW).] 4-C. Individual credit involuntary unemployment insurance. Individual involuntary unemployment policies insuring a debtor pursuant to or in connection with a specific loan or other credit transaction but not including disability insurance policies; [PL 2001, c. 138, §8 (NEW).] 4-D. Group credit involuntary unemployment insurance. Group involuntary unemployment policies insuring a debtor pursuant to or in connection with a specific loan or other credit transaction but not including disability insurance policies; or [PL 2001, c. 138, §8 (NEW).] 5. Combination. A combination under subsections 1 and 2, or under 3 and 4. [PL 1969, c. 132, §1 (NEW).] The superintendent may by rules adopted pursuant to section 2865 or chapter 40‑A designate other permissible types of consumer credit insurance. [PL 2001, c. 138, §8 (NEW).]
Section 2854Verify source

Legislative relationships

0 referenced instruments

Names are derived from the stored provision headings and citation-enrichment layer. Treat this as a research index and verify each relationship against the source text.

No structured legislative relationships were detected

The statute remains fully searchable by provision. Consult the source text for amendments and cross-references that have not yet been indexed.

Recorded versions and source checkpoint

1 version available in this collection

Current-law checkpoint
  • 1 Oct 2025 · currentEnglish

Source-linked research

Ask AI about this statute

The overview, provisions, and source records above are public. Continue in a separate conversation with this statute’s jurisdiction and source version attached.

No legal research model is currently available.

Sign in

About this LexChat collection

Statute information is organised from identified legislative sources for professional research. Corrections can be reported to hello@esheria.ai.