Maine Statutes
§ 24-A §3055 — Superintendent's authority to suspend
In the event of impairment or serious financial difficulty of an insurer or insurers, the superintendent shall have the authority to suspend the provisions of the Maine Property Insurance Cancellation Control Act from applying to the policies of the financially distressed insurer or insurers.
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Maine § 24-A §3055 (Superintendent's authority to suspend) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1977, c. 414, §6 (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
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