Me. Stat. tit. 24-A § 1129

Current through 131st (2023-2024) Legislature Chapter 684
Section 1129 - Special investments of title insurers
1. A title insurer may also have invested funds in an amount not exceeding 50% of its paid-in capital stock and its surplus, in its abstract plant and equipment and in stocks of abstract companies.

[1969, c. 132, §1(NEW).]

2. Investments authorized under subsection 1 shall not be credited against required reserves.

[1969, c. 132, §1(NEW).]

24-A M.R.S. § 1129

1969, c. 132, § 1 (NEW) .