LD 1611
pg. 55
Page 54 of 73 PUBLIC Law Chapter 469 Page 56 of 73
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LR 2137
Item 1

 
any other penalty that may be imposed for violation of this Title,
any person violating this section shall, upon conviction, be
punished by a fine of not less than $100 nor more than $1,000 or by
imprisonment for less than one year, or both.

 
An administrator licensed under this chapter on or before
December 31, 2003 shall submit information by March 21, 2004 as
to the types of business conducted by that administrator in this
State on a form prescribed by the superintendent.

 
Sec. E-4. 24-A MRSA §1903, sub-§§1 and 2, as enacted by PL 1989, c. 846,
Pt. D, §2 and affected by Pt. E, §4, are amended to read:

 
1. The names, addresses and official positions of the
individuals who are responsible for the conduct of the affairs of
the administrator, including, but not limited to, all members of
the board of directors, board of trustees, executive committee,
or other governing board or committee, the principal officers in
the case of a corporation or the partners in the case of a
partnership; and

 
2. An application fee, as specified in section 601, that the
superintendent shall apply toward the initial administrator
annual fee if an administrator's license is granted to the
applicant. ; and

 
Sec. E-5. 24-A MRSA §1903, sub-§3 is enacted to read:

 
3.__The specific type of business in which the 3rd-party
administrator will or intends to engage.

 
Sec. E-6. 24-A MRSA §1905, sub-§2, as enacted by PL 1989, c. 846, Pt.
D, §2 and affected by Pt. E, §4, is amended to read:

 
2. If the superintendent finds that the applicant is
qualified for an administrator license, the superintendent shall
promptly issue the license, which identifies the types of
business in which the applicant may engage; otherwise the
superintendent shall refuse to issue the license and promptly
notify the applicant.

 
Sec. E-7. 24-A MRSA §1905, sub-§5 is enacted to read:

 
5.__An administrator shall submit an application to amend its
license if the administrator desires to amend the types of
business on its then-current license.

 
Sec. E-8. 24-A MRSA §1952, as amended by PL 2003, c. 428, Pt. H, §2,
is further amended to read:


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