Terms Used In Maine Revised Statutes Title 24-A Sec. 6612

  • arrangement: means an employer welfare benefit plan or any other arrangement that is established or maintained for the purpose of offering or providing health benefits to the employees of 2 or more employers or to their beneficiaries. See Maine Revised Statutes Title 24-A Sec. 6601
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Each arrangement must have and maintain its principal place of business in the State and must make available to the superintendent complete records of its assets, transactions and affairs in accordance with such methods and systems as are customary for or suitable to the kind or kinds of business transacted. [PL 1993, c. 688, §1 (NEW).]
SECTION HISTORY

PL 1993, c. 688, §1 (NEW).