Maine Statutes
§ 24-A §3611 — Guaranty capital shares; increase of paid-in capital
If an insurer heretofore or hereafter has been authorized to transact insurance upon the basis of guaranty capital shares not 100% paid-in, the unpaid portion of such guaranty or so much thereof as the superintendent deems necessary, shall be paid in at such times as in the opinion of the superintendent is necessary for the adequate protection of the policyholders.
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Maine § 24-A §3611 (Guaranty capital shares; increase of paid-in capital) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD).
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Annual report; examinations§ 24 §1013
Filing fees§ 24 §1051
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