01-001-123 Me. Code R. § 3

Current through 2024-51, December 18, 2024
Section 001-123-3 - Advertisement

Before making any distribution of bond proceeds, the Department shall advertise its intention to do so in (an) appropriate newspapers) and may take other appropriate steps to publicize the impending distribution. The advertisement shall notify persons who may have claims against the obligor to file verified complaints with the Department within a specified time. After such time has elapsed, and subject to sections 5 and 6, the Department shall distribute the proceeds among all approved claimants.

01-001 C.M.R. ch. 123, § 3