There is a newer version of the Maine Revised Statutes
2015 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 83: CAPTIVE INSURANCE COMPANIES
§6719. Laws applicable
24-A ME Rev Stat § 6719 (2015) What's This?
§6719. Laws applicable
An insurance law of this State, other than described or referenced in this chapter, does not apply to a captive insurance company. This exclusion must be strictly construed so as to further the public policy in favor of providing alternative means for providing insurance coverage. [2011, c. 90, Pt. I, §8 (AMD).]
SECTION HISTORY
1997, c. 435, §1 (NEW). 2011, c. 90, Pt. I, §8 (AMD).
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