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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 53: RECIPROCAL INSURERS
24-A §3853. Insuring powers of reciprocals
Universal Citation:
24-A ME Rev Stat § 3853 (2011 through 125th Legis)
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§3853. Insuring powers of reciprocals
1. A reciprocal insurer may, upon qualifying therefore as provided for by this Title, transact any kind or kinds of insurance defined by this Title, other than life or title insurances.
[ 1969, c. 132, §1 (NEW) .]
2. Such an insurer may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance it is authorized to transact direct.
[ 1969, c. 132, §1 (NEW) .]
SECTION HISTORY
1969, c. 132, §1 (NEW).
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