Maine § 24-A §1251 Authorized deposits of insurers

Maine Statutes

§ 24-A §1251 — Authorized deposits of insurers

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 15 ADMINISTRATION OF DEPOSITS

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.

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