{"data":{"id":"us-me/24-a-m.r.s.-3625","jurisdiction":"us-me","citation":"24-A M.R.S. §3625","heading":"Directors' residence, compensation","body":"1.   A majority of the board of directors of the insurer shall be residents of, and actually reside in, this State.\n2.   The salary or compensation for services of the directors of the insurer shall be fixed by the policyholders at their annual meeting.","path":["TITLE 24-A: MAINE INSURANCE CODE","CHAPTER 51: DOMESTIC MUTUAL ASSESSMENT INSURERS"],"source_url":"https://legislature.maine.gov/statutes/24-A/title24-Asec3625.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:33Z","sha256":"d7414668dbc978edcffcae8b181baa47c43a18404949404fa253caa7e2c6f005","source_id":"us-me","stale":false,"prev":"us-me/24-a-m.r.s.-3624","next":"us-me/24-a-m.r.s.-3626"},"notice":"GroundRules: Original legal text. Not legal advice."}