Maine Revised Statutes > Title 24-A > Chapter 11 > Subchapter 1 – Assets
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| § 901-A | Statutory accounting principles; reserves |
Terms Used In Maine Revised Statutes > Title 24-A > Chapter 11 > Subchapter 1 - Assets
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- National Association of Insurance Commissioners: means the National Association of Insurance Commissioners or its successor organization of insurance regulators. See Maine Revised Statutes Title 24-A Sec. 15