{"data":{"id":"us-me/24-a-m.r.s.-411","jurisdiction":"us-me","citation":"24-A M.R.S. §411","heading":"Insuring combinations without additional capital funds","body":"Without additional paid-in capital stock or additional surplus, an authorized insurer may also be authorized:\n1.   If a life insurer, to grant annuities;\n2.   If a health insurer, to insure against congenital defects, as defined in section 707;\n3.   If a casualty insurer or multiple line insurer, to transact health insurance; except that this provision does not apply to a domestic insurer authorized to transact casualty insurance only, pursuant to section 410, subsection 1, paragraph A; or\n4.   To transact employee benefit excess insurance to the extent authorized pursuant to section 707, subsection 3.","path":["TITLE 24-A: MAINE INSURANCE CODE","CHAPTER 5: AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS","SUBCHAPTER 1: AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS"],"source_url":"https://legislature.maine.gov/statutes/24-A/title24-Asec411.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:33Z","sha256":"c07990df815e46077f29e65518ee8c0701d1ae4c962fc79d047e93e0c9f99bbb","source_id":"us-me","stale":false,"prev":"us-me/24-a-m.r.s.-410","next":"us-me/24-a-m.r.s.-412"},"notice":"GroundRules: Original legal text. Not legal advice."}
