Me. Stat. tit. 24-A § 1251

Current through 131st (2023-2024) Legislature Chapter 684
Section 1251 - Authorized deposits of insurers

The following deposits of insurers when made through the superintendent shall be accepted and held in trust, subject to the provisions of this chapter: [1973, c. 585, §12(AMD).]

1. Deposits required under this Title for authority to transact insurance in this State.

[1969, c. 132, §1(NEW).]

2. Deposits of domestic insurers when made pursuant to its charter; or pursuant to the laws of other states, provinces, and countries as requirement for authority to transact insurance in such state, province or country.

[1969, c. 132, §1(NEW).]

3. Deposits in such additional amounts as are permitted to be made under section 1259.

[1969, c. 132, §1(NEW).]

24-A M.R.S. § 1251

1969, c. 132, § 1 (NEW) . 1973, c. 585, § 12 (AMD) .