Maine Statutes
§ 24-A §3851 — "Reciprocal" insurance defined
"Reciprocal" insurance is that resulting from an interchange among persons, known as "subscribers," of reciprocal agreements of indemnity, the interchange being effectuated through an "attorney-in-fact" common to all such persons.
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Legislative History
PL 1969, c. 132, §1 (NEW).
Nearby Sections
15
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Insurance contract§ 24 §1002
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Assigned risks; reinsurance§ 24 §1008
Calls for payments; proceeds§ 24 §1012
Annual report; examinations§ 24 §1013
Filing fees§ 24 §1051
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