There Is a Newer Version
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the Maine Revised Statutes
2012 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 51: DOMESTIC MUTUAL ASSESSMENT INSURERS
24-A §3614. Notice of contingent liability; reduction
Universal Citation:
24-A ME Rev Stat § 3614 (2012 through 125th Legis)
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§3614. Notice of contingent liability; reduction
Where contingent liability of policyholders is provided for, notice of the existence of such liability shall be plainly and legibly given in each policy. Whenever any reduction is made in the contingent liability of members, the reduction shall apply proportionally to all policies in force. [1969, c. 132, §1 (NEW).]
SECTION HISTORY
1969, c. 132, §1 (NEW).
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