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§16525
Title 32: PROFESSIONS AND OCCUPATIONS
Chapter 135: MAINE UNIFORM SECURITIES ACT
Subchapter 5-A: SECURITIES RESTITUTION ASSISTANCE FUND
§16527

§16526. Conditions under which award of restitution assistance prohibited

The administrator may not award restitution assistance if:   [PL 2021, c. 576, §1 (NEW).]
1.  Participating in or committing securities violation.  The victim sustained the monetary injury primarily as a result of:  
A. Participating or assisting in a securities violation; or   [PL 2021, c. 576, §1 (NEW).]
B. Attempting to commit or committing a securities violation;   [PL 2021, c. 576, §1 (NEW).]
[PL 2021, c. 576, §1 (NEW).]
2.  Profit from securities violation.  The victim profited or would have profited from a securities violation;  
[PL 2021, c. 576, §1 (NEW).]
3.  Previous restitution assistance.  The victim has received restitution assistance under this subchapter in the previous 5 years; or  
[PL 2021, c. 576, §1 (NEW).]
4.  Final order overturned.  An award of restitution in a final order is overturned on appeal.  
[PL 2021, c. 576, §1 (NEW).]
SECTION HISTORY
PL 2021, c. 576, §1 (NEW).
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