Provisions Applying to Stock and Mutual Insurers | Midpage

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Maine Revised Statutes

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Provisions Applying to Stock and Mutual Insurers

3408Home office, records, assets to be in State; exceptions 3409Vouchers for expenditures 3410Destruction of records 3411Directors 3412Officers; notice of change 3413Prohibited pecuniary interest of officials and others; use of confidential information prohibited 3414Management, commission, exclusive agency contracts 3415Borrowed capital funds 3416Dividends to stockholders 3417Participating policies 3418Dividends to policyholders 3419Pension and other plans for employees and others 3420Insurance benefits for employees and others 3421Solicitation, insuring in other states 3422Purchase of own shares by stock insurer 3423Impairment of capital funds 3424Restrictions during impairment; penalty