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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 83: CAPTIVE INSURANCE COMPANIES
24-A §6719. Laws applicable
Universal Citation:
24-A ME Rev Stat § 6719 (2011 through 125th Legis)
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§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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