Home/Maine/Statutes/Title 24-A: MAINE INSURANCE CODE/Ch. 72-A: MAINE LIABILITY RISK RETENTION ACT/§ 24-A §6101
Maine Statutes

§ 24-A §6101 — Penalties

Maine § 24-A §6101
JurisdictionMaine
Title 24-AMAINE INSURANCE CODE
Ch. 72-AMAINE LIABILITY RISK RETENTION ACT

This text of Maine § 24-A §6101 (Penalties) 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 §6101 (2026).

Text

A risk retention group which violates any provision of this Act will be subject to fines and penalties applicable to licensed insurers generally, including revocation of its license or the right to do business in this State.

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Legislative History

PL 1987, c. 481, §3 (NEW).

Nearby Sections

15
§ 24 §1
Insurance contract
§ 24 §1001
Contract defined; duly organized corporation required
§ 24 §1002
Formation of corporation; guaranty fund; authority to write business; liability of policyholder
§ 24 §1003
Fraudulent operation; closing of business; receiver; dissolution
§ 24 §1004
Assigned risks; reinsurance
§ 24 §1005
Reserve fund; investment and payment of claims
§ 24 §1006
Duty of commissioner; satisfaction of judgments
§ 24 §1007
Foreign corporations; authority to do business; renewal and revocation
§ 24 §1008
Calls for payments; proceeds
§ 24 §1009
Assessment notice must appear on policy face
§ 24 §1010
Benefit or relief not liable to attachment; change of beneficiary
§ 24 §1011
False representation by solicitor, agent or physician
§ 24 §1012
Annual report; examinations
§ 24 §1013
Filing fees
§ 24 §1051
Automobile physical damage insurance
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Bluebook (online)
Maine § 24-A §6101, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A76101.