Section 031-570-3 - DefinitionsA. "Association" means the Maine Insurance Guaranty Association created pursuant to 24-A M.R.S.A. §4436 or the Maine Life and Health Insurance Guaranty Association created pursuant to 24-A M.R.S.A. §4606.B. "Line of Credit" or "Credit" is a standby commitment by a qualified financial institution or group of qualified financial institutions to the Association or a Member Insurer, as defined in 24-A M.R.S.A. §§4435(9) and 4605(11).C. "Member Insurer" has the same meaning that is set forth in 24-A M.R.S.A. §4435(6) and 4605(6).D. "Equity capital" means the sum of common stock, perpetual preferred stock, surplus, undivided profits, reserves for contingencies and other capital reserves, and cumulative foreign currency translation adjustments, less the net unrealized loss on marketable equity securities, all as determined in accordance with generally accepted accounting principles.02-031 C.M.R. ch. 570, § 3