Maine Revised Statutes Title 24-A Sec. 4359 – Grounds for ancillary liquidation, foreign and alien insurers
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Terms Used In Maine Revised Statutes Title 24-A Sec. 4359
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
The superintendent may apply to the court for an order appointing the superintendent to liquidate the business of a foreign or alien insurer having assets, business or claims in this State upon the appointment in the domiciliary sovereignty of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of the insurer. [RR 2021, c. 1, Pt. B, §355 (COR).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). RR 2021, c. 1, Pt. B, §355 (COR).