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Maine · Through October 1, 2025

24-A M.R.S. §3604: Insuring powers; reinsurance

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Where this section sits in the code
  1. TITLE 24-A: MAINE INSURANCE CODE
  2. CHAPTER 51: DOMESTIC MUTUAL ASSESSMENT INSURERS

1. An assessment plan insurer shall have authority to transact, and shall transact only such insurance as is permitted by its charter and by its certificate of authority.

2. Any such insurer shall have power to cede reinsurance of any risk or part thereof which it is authorized to insure direct; and shall have power to accept reinsurance from other domestic assessment plan insurers of any risk which it has authority to insure direct.

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

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