STATE STATUTES & CODES

MAINE STATUTES AND CODES

Chapter 47: ORGANIZATION, CORPORATE POWERS, PROCEDURES OF DOMESTIC LEGAL RESERVE STOCK AND MUTUAL INSURERS

• 24-A §3301. Scope of chapter
• 24-A §3302. Insurers to be organized under this Title
• 24-A §3303. Reservation of power
• 24-A §3304. Applicability of general corporation statutes
• 24-A §3305. "Stock," "mutual" insurers defined
• 24-A §3306. Incorporation of domestic stock, mutual insurers
• 24-A §3307. Certificate of organization, approval and filing
• 24-A §3308. Certificate of Secretary of State (REPEALED)
• 24-A §3308-A. Filing by the Secretary of State
• 24-A §3309. Completion of incorporation; general powers, duties
• 24-A §3310. Amendment of certificate of organization; change of principal place of business
• 24-A §3311. Insurance business exclusive; exceptions
• 24-A §3352. Mutual insurers, initial qualifications
• 24-A §3353. Qualifying applications for insurance; bond or deposit
• 24-A §3354. Qualifying applications for insurance; solicitation
• 24-A §3355. Deposit of qualifying premiums; effective date of insurance
• 24-A §3356. Failure to complete and qualify
• 24-A §3357. Authority to transact additional kinds of insurance
• 24-A §3358. Guaranty capital shares
• 24-A §3359. Bylaws
• 24-A §3360. Members are policyholders
• 24-A §3361. Meetings of members, in general
• 24-A §3362. Special meetings of members
• 24-A §3363. Voting rights of members
• 24-A §3364. Contingent liability of members
• 24-A §3365. Levy of contingent liability
• 24-A §3366. Enforcement of contingent liability
• 24-A §3367. Nonassessable policies; limits of assessability; use of funds; combination operation
• 24-A §3408. Home office, records, assets to be in State; exceptions
• 24-A §3409. Vouchers for expenditures
• 24-A §3410. Destruction of records
• 24-A §3411. Directors
• 24-A §3412. Officers; notice of change
• 24-A §3413. Prohibited pecuniary interest of officials and others; use of confidential information prohibited
• 24-A §3414. Management, commission, exclusive agency contracts
• 24-A §3415. Borrowed capital funds
• 24-A §3416. Dividends to stockholders
• 24-A §3417. Participating policies
• 24-A §3418. Dividends to policyholders
• 24-A §3419. Pension and other plans for employees and others
• 24-A §3420. Insurance benefits for employees and others
• 24-A §3421. Solicitation, insuring in other states
• 24-A §3422. Purchase of own shares by stock insurer
• 24-A §3423. Impairment of capital funds
• 24-A §3424. Restrictions during impairment; penalty
• 24-A §3471. Scope of subchapter
• 24-A §3472. Mutualization of stock insurer
• 24-A §3473. Conversion of stock insurer to ordinary business corporation
• 24-A §3474. Merger, consolidation of stock insurers
• 24-A §3475. Exchange of securities between insurers
• 24-A §3476. Acquisition of controlling stock
• 24-A §3477. Conversion of mutual to stock insurer
• 24-A §3478. Merger, consolidation of mutual insurers authorized
• 24-A §3479. -- plan, agreement of merger, consolidation; approval by corporations
• 24-A §3480. -- approval by superintendent
• 24-A §3481. -- review by Attorney General; filing with Secretary of State
• 24-A §3482. -- effective date of merger, consolidation; effect as to assets, liabilities, rights and power
• 24-A §3483. Bulk reinsurance
• 24-A §3484. Voluntary dissolution
• 24-A §3485. Mutual member's share of assets on liquidation
• 24-A §3486. Plans for acquisition of minority interests in domestic stock insurance companies and appraisal of stock of dissenting shareholders
• 24-A §3487. Redomestication of insurers
• 24-A §3488. Reorganization of mutual insurer through formation of mutual holding company
• 24-A §3489. Requirements applicable to a mutual holding company
• 24-A §3490. Conversion of mutual holding company