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2012 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 41: PROPERTY INSURANCE CONTRACTS
24-A §3055. Superintendent's authority to suspend


24-A ME Rev Stat § 3055 (2012 through 125th Legis) What's This?

Subchapter 5: MAINE PROPERTY INSURANCE CANCELLATION CONTROL ACT

§3055. Superintendent's authority to suspend

In the event of impairment or serious financial difficulty of an insurer or insurers, the superintendent shall have the authority to suspend the provisions of the Maine Property Insurance Cancellation Control Act from applying to the policies of the financially distressed insurer or insurers. [1977, c. 414, §6 (NEW).]

SECTION HISTORY

1977, c. 414, §6 (NEW).

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