Maine Statutes
§ 24-A §3858 — Power of attorney
Maine § 24-A §3858
This text of Maine § 24-A §3858 (Power of attorney) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Me. Rev. Stat. tit. 24-A, § 24-A §3858 (2026).
Text
1.The rights and powers of the attorney of a reciprocal insurer shall be as provided in the power of attorney given it by the subscribers.
2.The power of attorney must set forth:
3.The power of attorney may:
4.The terms of any power of attorney or agreement collateral thereto shall be reasonable and equitable, and no such power or agreement shall be used or be effective in this State until approved by the superintendent.
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Legislative History
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD).
Nearby Sections
15
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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 insuranceCite This Page — Counsel Stack
Bluebook (online)
Maine § 24-A §3858, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A73858.