Maine § 24-A §1254 Depositary; records

Maine Statutes

§ 24-A §1254 — Depositary; records

Maine § 24-A §1254

Title 24-AMAINE INSURANCE CODE

Ch. 15ADMINISTRATION OF DEPOSITS

This text of Maine § 24-A §1254 (Depositary; records) 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 §1254 (2026).

Text

1.Deposits made in this State under this Title shall be made through the superintendent with the Treasurer of State.

2.The Treasurer of State shall furnish the superintendent, for delivery to the depositing insurer, the Treasurer of State's official certificate identifying the securities deposited, the amount and par value of each, and the Treasurer of State's opinion of their value.

3.The superintendent shall keep a record of the securities comprising the deposit of each insurer, showing as far as practical the amount and market value of each item, and all the superintendent's transactions relative thereto.

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1.
Deposits made in this State under this Title shall be made through the superintendent with the Treasurer of State.
2.
The Treasurer of State shall furnish the superintendent, for delivery to the depositing insurer, the Treasurer of State's official certificate identifying the securities deposited, the amount and par value of each, and the Treasurer of State's opinion of their value.
3.
The superintendent shall keep a record of the securities comprising the deposit of each insurer, showing as far as practical the amount and market value of each item, and all the superintendent's transactions relative thereto.