Maine Statutes
§ 24-A §1116 — Trustees' or receivers' obligations
Maine § 24-A §1116
This text of Maine § 24-A §1116 (Trustees' or receivers' obligations) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Me. Rev. Stat. tit. 24-A, § 24-A §1116 (2026).
Text
An insurer may invest in certificates, notes or other obligations issued by trustees or receivers of any institution created or existing under the laws of the United States or of any state, district or territory thereof, which, or the assets of which, are being administered under the direction of any court having jurisdiction, if such obligation is adequately secured as to principal and interest.
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Legislative History
PL 1969, c. 132, §1 (NEW).
Nearby Sections
15
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Insurance contract§ 24 §1002
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Assigned risks; reinsurance§ 24 §1008
Calls for payments; proceeds§ 24 §1012
Annual report; examinations§ 24 §1013
Filing fees§ 24 §1051
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Bluebook (online)
Maine § 24-A §1116, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A71116.