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MAINE STATUTES AND CODES
24-A §3005. Cancellation of standard fire policy for nonpayment of premium
Title 24-A: MAINE INSURANCE CODE
Chapter 41: PROPERTY INSURANCE CONTRACTS
Subchapter 1: STANDARD FIRE POLICY
§3005. Cancellation of standard fire policy for nonpayment of premium
An insurer issuing fire insurance policies on property in this State, under the standard form required by section 3002, may cancel any such policy in the manner provided by law without tendering to the assured a ratable proportion of the premium, if the premium has not been paid to the insurer or its agent, or to a duly licensed insurance broker through whom the contract of insurance was negotiated. [1969, c. 132, §1 (NEW).]
SECTION HISTORY
1969, c. 132, §1 (NEW).