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MAINE STATUTES AND CODES
32 §8111. Bonding requirement
Title 32: PROFESSIONS AND OCCUPATIONS
Chapter 89: PRIVATE INVESTIGATORS
§8111. Bonding requirement
1. Requirement. A person licensed as a private investigator shall give to the commissioner a bond in the sum of $10,000 if he is a resident of the State and in the sum of $50,000 if he is not a resident of the State.
A person licensed as an investigative assistant shall give to the commission a bond in the sum of $20,000.
[ 1981, c. 126, §2 (NEW) .]
2. Form of a bond. Each bond shall:
A. Be in a form prescribed by the commissioner; [1981, c. 126, §2 (NEW).]
B. Be executed by the licensee as principal and by a surety company authorized to do business in this State as surety; and [1981, c. 126, §2 (NEW).]
C. Be conditioned upon the honest conduct of the business of the licensee and the right of any person, including the officer of any aggrieved labor union or association, whether or not incorporated, injured by the intentional, knowing, reckless or negligent act of the licensee to bring, in his own name, an action on the bond. [1981, c. 126, §2 (NEW).]
SECTION HISTORY
1981, c. 126, §2 (NEW).