Maine § 24-A §1251 Authorized deposits of insurers

Maine Statutes

§ 24-A §1251 — Authorized deposits of insurers

Maine § 24-A §1251

Title 24-AMAINE INSURANCE CODE

Ch. 15ADMINISTRATION OF DEPOSITS

This text of Maine § 24-A §1251 (Authorized deposits of insurers) 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 §1251 (2026).

Text

The following deposits of insurers when made through the superintendent shall be accepted and held in trust, subject to the provisions of this chapter:

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

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.

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

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The following deposits of insurers when made through the superintendent shall be accepted and held in trust, subject to the provisions of this chapter:
1.
Deposits required under this Title for authority to transact insurance in this State.
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.
3.
Deposits in such additional amounts as are permitted to be made under section 1259.