Maine Statutes

§ 24-A §6225 — Rehabilitation, liquidation or conservation of providers

Maine § 24-A §6225
JurisdictionMaine
Title 24-AMAINE INSURANCE CODE
Ch. 73CONTINUING CARE RETIREMENT COMMUNITIES

This text of Maine § 24-A §6225 (Rehabilitation, liquidation or conservation of providers) 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 §6225 (2026).

Text

Any rehabilitation, liquidation or conservation of a provider shall be deemed to be the rehabilitation, liquidation or conservation of an insurance company and shall be conducted under the supervision of the superintendent pursuant to the laws governing the rehabilitation, liquidation or conservation of insurance companies. The superintendent may institute summary proceedings in the same manner as provided in the laws governing delinquent insurers and he may apply for an order directing him to rehabilitate, liquidate or conserve a provider when, in his opinion, the continued operation of the provider will be hazardous either to the enrollees or to the people of this State.

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Legislative History

PL 1987, c. 482, §1 (NEW).

Nearby Sections

15
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Bluebook (online)
Maine § 24-A §6225, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A76225.