Maine Revised Statutes Title 24-A Sec. 3621 – — assessment not sufficient; collection stayed by court
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Terms Used In Maine Revised Statutes Title 24-A Sec. 3621
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
Whenever it shall appear to the court before which the complaint provided for in section 3617 is pending, that the net proceeds of any assessment or call will not be sufficient to furnish substantial relief to those having claims against the insurer, it may decree that no assessment shall be collected. When, on application of the superintendent or any person interested, the court is of opinion that further attempts to collect an assessment then partially collected will not benefit those having claims against the insurer, it may stay its further collection. [PL 1973, c. 585, §12 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD).