Maine Statutes
§ 24-A §2731 — Third party ownership
The word "insured", as used in this chapter, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein.
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Maine § 24-A §2731 (Third party ownership) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1969, c. 132, §1 (NEW).
Nearby Sections
15
§ 24 §1
Insurance contract§ 24 §1002
Formation of corporation; guaranty fund; authority to write business; liability of policyholder§ 24 §1004
Assigned risks; reinsurance§ 24 §1008
Calls for payments; proceeds§ 24 §1012
Annual report; examinations§ 24 §1013
Filing fees§ 24 §1051
Automobile physical damage insurance