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2011 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 53: RECIPROCAL INSURERS
24-A §3851. "Reciprocal" insurance defined
Universal Citation:
24-A ME Rev Stat § 3851 (2011 through 125th Legis)
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§3851. "Reciprocal" insurance defined
"Reciprocal" insurance is that resulting from an interchange among persons, known as "subscribers," of reciprocal agreements of indemnity, the interchange being effectuated through an "attorney-in-fact" common to all such persons. [1969, c. 132, §1 (NEW).]
SECTION HISTORY
1969, c. 132, §1 (NEW).
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