Me. Rev. Stat. tit. 24-A, ch. 53 – Reciprocal Insurers | Midpage

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Maine Revised Statutes

Chapter 53

Me. Rev. Stat. tit. 24-A, ch. 53

Reciprocal Insurers

3851"Reciprocal" insurance defined 3852Scope of chapter -- existing insurers 3853Insuring powers of reciprocals 3854Name; suits 3855Attorney 3856Organization of reciprocal insurer 3857Certificate of authority 3858Power of attorney 3859Modifications 3860Attorney's bond 3861Deposit in lieu of bond 3862Action on bond 3863Service of process; judgment 3864Contributions to insurer 3865Financial conditions; method of determining 3866Who may be subscribers 3867Subscribers' advisory committee 3868Subscribers' liability 3869Subscribers' liability on judgment 3870Assessments 3871Time limit for assessments 3872Aggregate liability 3873Nonassessable policies 3874Subscribers' share in assets 3875Merger or conversion 3876Impaired reciprocals