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Maine · Through October 1, 2025

24-A M.R.S. §1260: Rights of insurer during solvency

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Where this section sits in the code
  1. TITLE 24-A: MAINE INSURANCE CODE
  2. CHAPTER 15: ADMINISTRATION OF DEPOSITS

So long as the insurer remains solvent and is in compliance with this Title it may:

1. Demand, receive, sue for and recover the income from the securities deposited;

2. Exchange and substitute for the deposited securities, eligible securities of equivalent or greater fair market value; and

3. At any reasonable time inspect any such deposit.

Collected 2026-09-04T15:12:33Z. Source file · JSON

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