Maine § 24-A §6713 Exemption from compulsory associations

Maine Statutes

§ 24-A §6713 — Exemption from compulsory associations

Maine § 24-A §6713

Title 24-AMAINE INSURANCE CODE

Ch. 83CAPTIVE INSURANCE COMPANIES

This text of Maine § 24-A §6713 (Exemption from compulsory associations) 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 §6713 (2026).

Text

A captive insurance company may not join or contribute financially to any plan, pool, association or guaranty or insolvency fund in this State, and a captive insurance company and its insureds, its parent or any affiliated company or member organization of its association may not receive any benefit from the plan, pool, association or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company.

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A captive insurance company may not join or contribute financially to any plan, pool, association or guaranty or insolvency fund in this State, and a captive insurance company and its insureds, its parent or any affiliated company or member organization of its association may not receive any benefit from the plan, pool, association or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company.