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MAINE STATUTES AND CODES

24-A §3857. Certificate of authority

Title 24-A: MAINE INSURANCE CODE

Chapter 53: RECIPROCAL INSURERS

§3857. Certificate of authority

1. The certificate of authority of a reciprocal insurer shall be issued to its attorney in the name of the insurer.

[ 1969, c. 132, §1 (NEW) .]

2. The superintendent may refuse to grant a certificate of authority, and may file a complaint with the District Court seeking suspension or revocation of a certificate of authority, for failure of the attorney to comply with any applicable provision of this Title, in addition to other grounds for those sanctions.

[ 1977, c. 694, §429 (RPR); 1999, c. 547, Pt. B, §78 (AMD); 1999, c. 547, Pt. B, §80 (AFF) .]

SECTION HISTORY

1969, c. 132, §1 (NEW). 1973, c. 585, §12 (AMD). 1977, c. 694, §429 (AMD). 1999, c. 547, §B78 (AMD). 1999, c. 547, §B80 (AFF).

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