Maine Statutes

§ 24-A §3861 — Deposit in lieu of bond

Maine § 24-A §3861
JurisdictionMaine
Title 24-AMAINE INSURANCE CODE
Ch. 53RECIPROCAL INSURERS

This text of Maine § 24-A §3861 (Deposit in lieu of bond) 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 §3861 (2026).

Text

In lieu of the bond required under section 3860, the attorney may maintain on deposit with the Treasurer of State through the office of the superintendent, a like amount in cash or in value of securities qualified under this Title as insurers' investments, and subject to the same conditions as the bond.

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Legislative History

PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD).

Nearby Sections

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Bluebook (online)
Maine § 24-A §3861, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A73861.