Maine law requires a landlord to hold tenants' security deposits in a separate bank account. The purpose is to put your security deposit outside the reach of the landlord's creditors. So if your landlord is sued or foreclosed upon or declares bankruptcy, your deposit is safe.
The law also requires a landlord to tell you where your deposit is being held, if you ask. It provides financial penalties if your landlord does not respond to your request.
You can use the attached form to request this information.
PTLA # 633A