Maine Statutes

§ 24-A §3857 — Certificate of authority

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 53 RECIPROCAL INSURERS
1.The certificate of authority of a reciprocal insurer shall be issued to its attorney in the name of the insurer.
2.The superintendent may refuse to grant a certificate of authority, and may file a complaint with the District Court seeking suspension or revocation of a certificate of authority, for failure of the attorney to comply with any applicable provision of this Title, in addition to other grounds for those sanctions.

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Legislative History

PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1977, c. 694, §429 (AMD). PL 1999, c. 547, §B78 (AMD). PL 1999, c. 547, §B80 (AFF).

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