Terms Used In Maine Revised Statutes Title 24-A Sec. 4376

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
The rights and liabilities of the insurer and of its creditors, policyholders, stockholders, members, subscribers and all other persons interested in its estate shall, unless otherwise directed by the court, be fixed as of the date on which the order directing the liquidation of the insurer is filed in the office of the clerk of the court which made the order, subject to this chapter with respect to the rights of claimants holding contingent claims. [PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY

PL 1969, c. 132, §1 (NEW).