Maine Revised Statutes Title 24-A Sec. 6712 – Rating organizations
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Terms Used In Maine Revised Statutes Title 24-A Sec. 6712
- Captive insurance company: means any pure captive insurance company, sponsored captive insurance company, association captive insurance company or industrial insured captive insurance company formed or licensed under this chapter. See Maine Revised Statutes Title 24-A Sec. 6701
A captive insurance company is not required to become a member of a rating organization. [PL 1997, c. 435, §1 (NEW).]
SECTION HISTORY
PL 1997, c. 435, §1 (NEW).