Maine Statutes

§ 24-A §2538 — Prohibited policy plans

Maine § 24-A §2538

JurisdictionMaine

Title 24-AMAINE INSURANCE CODE

Ch. 29LIFE INSURANCE AND ANNUITY CONTRACTS

This text of Maine § 24-A §2538 (Prohibited policy plans) 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 §2538 (2026).

Text

1.No life insurer shall hereafter deliver or issue for delivery in this State:

2.This section shall not be deemed to prohibit the provision, payment, allowance or apportionment of regular dividends or "savings" under regular participating forms of policies or contracts.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

PL 1969, c. 132, §1 (NEW).

Nearby Sections

15

§ 24 §1

Insurance contract

§ 24 §1001

Contract defined; duly organized corporation required

§ 24 §1002

Formation of corporation; guaranty fund; authority to write business; liability of policyholder

§ 24 §1003

Fraudulent operation; closing of business; receiver; dissolution

§ 24 §1004

Assigned risks; reinsurance

§ 24 §1005

Reserve fund; investment and payment of claims

§ 24 §1006

Duty of commissioner; satisfaction of judgments

§ 24 §1007

Foreign corporations; authority to do business; renewal and revocation

§ 24 §1008

Calls for payments; proceeds

§ 24 §1009

Assessment notice must appear on policy face

§ 24 §1010

Benefit or relief not liable to attachment; change of beneficiary

§ 24 §1011

False representation by solicitor, agent or physician

§ 24 §1012

Annual report; examinations

§ 24 §1013

§ 24 §1051

Automobile physical damage insurance

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Maine § 24-A §2538, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A72538.