02-032-539 Me. Code R. § 3

Current through 2024-51, December 18, 2024

Section 032-539-3 - Filing Requirement

Prior to any offer of an investment in a viatical or life settlement contract in Maine, an issuer must file with the Securities Administrator, for each type of contract, a completed and signed Notice of Exemption for Offers and Sales of Viatical or Life Settlement Contracts under 32M.R.S.A. §16202(25)(C) together with:

1. A copy of offering materials specified in section 4(2) of this chapter;

2. A completed consent to service of process on Uniform Form U-2 signed by the issuer; and

3. A nonrefundable $300 filing fee for each type of interest offered.

The Securities Administrator hereby adopts the attached form Notice of Exemption for Offers and Sales of Viatical or Life Settlement Contracts.

02-032 C.M.R. ch. 539, § 3