{"data":{"id":"us-me/24-a-m.r.s.-3867","jurisdiction":"us-me","citation":"24-A M.R.S. §3867","heading":"Subscribers' advisory committee","body":"1.   The advisory committee of a domestic reciprocal insurer exercising the subscribers' rights shall be selected under such rules as the subscribers adopt.\n2.   Not less than 2/3 of such committee shall be subscribers other than the attorney, or any person employed by, representing, or having a financial interest in the attorney.\n3.   The committee shall:\nA.  Supervise the finances of the insurer;\nB.  Supervise the insurer's operations to such extent as to assure conformity with the subscribers' agreement and power of attorney;\nC.  Procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer; and\nD.  Have such additional powers and functions as may be conferred by the subscribers' agreement.","path":["TITLE 24-A: MAINE INSURANCE CODE","CHAPTER 53: RECIPROCAL INSURERS"],"source_url":"https://legislature.maine.gov/statutes/24-A/title24-Asec3867.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:33Z","sha256":"6843453d9aa55a793fdf250a73dc8a14382150a8126f5a8eae9bd678f83b82c4","source_id":"us-me","stale":false,"prev":"us-me/24-a-m.r.s.-3866","next":"us-me/24-a-m.r.s.-3868"},"notice":"GroundRules: Original legal text. Not legal advice."}
