Maine Statutes
§ 5 §1731-A — Limitation and provision for stop-loss insurance
Maine § 5 §1731-A
JurisdictionMaine
Title 5ADMINISTRATIVE PROCEDURES AND SERVICES
Part 4FINANCE
Ch. 152INSURANCE ON STATE-OWNED PROPERTY
This text of Maine § 5 §1731-A (Limitation and provision for stop-loss insurance) 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. 5, § 5 §1731-A (2026).
Text
Deductible or self-insured retention provisions hereunder may not exceed 25% of the self-insurance fund as of July 1st of the current fiscal year per occurrence with respect to any risk of loss.
The State Controller may purchase such reinsurance of the deductible or self-insured retentions hereunder as the State Controller may consider necessary or desirable. The State Controller may purchase such reinsurance protection from companies or agents licensed or approved by the Superintendent of Insurance to do business in the State.
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Legislative History
PL 1971, c. 239, §2 (NEW). PL 1983, c. 349, §13 (AMD). PL 1985, c. 534 (AMD). PL 1989, c. 857, §21 (AMD). PL 1993, c. 470, §3 (AMD). PL 2017, c. 284, Pt. O, §5 (AMD).
Nearby Sections
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Bluebook (online)
Maine § 5 §1731-A, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/5%20%C2%A71731-A.