Provisions Applying Only to Mutual Insurers | Midpage

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Maine Revised Statutes

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Provisions Applying Only to Mutual Insurers

3352Mutual insurers, initial qualifications 3353Qualifying applications for insurance; bond or deposit 3354Qualifying applications for insurance; solicitation 3355Deposit of qualifying premiums; effective date of insurance 3356Failure to complete and qualify 3357Authority to transact additional kinds of insurance 3358Guaranty capital shares 3359Bylaws 3360Members are policyholders 3361Meetings of members, in general 3362Special meetings of members 3363Voting rights of members 3364Contingent liability of members 3365Levy of contingent liability 3366Enforcement of contingent liability 3367Nonassessable policies; limits of assessability; use of funds; combination operation