Maine § 24-A §957-A Superintendent's authority to approve certain plans

Maine Statutes

§ 24-A §957-A — Superintendent's authority to approve certain plans

Maine § 24-A §957-A

Title 24-AMAINE INSURANCE CODE

Ch. 11ASSETS AND LIABILITIES

This text of Maine § 24-A §957-A (Superintendent's authority to approve certain plans) 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 §957-A (2026).

Text

1.In the case of any plan of life insurance which provides for future premium determination, the amounts of which are to be determined by the insurance company based on then estimates of future experience, or in the case of any plan of life insurance or annuity which is of such a nature that the minimum reserves cannot be determined by the methods described in sections 954 and 957, the reserves which are held under any plan of that type must:

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1.
In the case of any plan of life insurance which provides for future premium determination, the amounts of which are to be determined by the insurance company based on then estimates of future experience, or in the case of any plan of life insurance or annuity which is of such a nature that the minimum reserves cannot be determined by the methods described in sections 954 and 957, the reserves which are held under any plan of that type must: