Me. Stat. tit. 24-A § 3853

Current through 131st (2023-2024) Legislature Chapter 684
Section 3853 - Insuring powers of reciprocals
1. A reciprocal insurer may, upon qualifying therefore as provided for by this Title, transact any kind or kinds of insurance defined by this Title, other than life or title insurances.

[1969, c. 132, §1(NEW).]

2. Such an insurer may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance it is authorized to transact direct.

[1969, c. 132, §1(NEW).]

24-A M.R.S. § 3853

1969, c. 132, § 1 (NEW) .