Maine Revised Statutes

Title 24-A, Chapter 57: DELINQUENT INSURERS

Subchapter 1: REHABILITATION AND LIQUIDATION

24-A §4351. Scope of provisions

24-A §4352. Short title

24-A §4353. Definitions

24-A §4354. Jurisdiction of delinquency proceedings; venue; exclusiveness of remedy; appeal

24-A §4355. Jurisdiction over related persons and transactions

24-A §4356. Grounds for rehabilitation of domestic insurer or domiciled alien insurer

24-A §4357. Grounds for liquidation of domestic insurer or domiciled alien insurer

24-A §4358. Ground for conservation, foreign and alien insurers

24-A §4359. Grounds for ancillary liquidation, foreign and alien insurers

24-A §4360. Commencement of proceeding

24-A §4361. Service of process

24-A §4362. Injunctions

24-A §4362-A. Dissolution of domestic insurer

24-A §4363. Uniform Insurers Liquidation Act; severability; interpretation

24-A §4364. Conduct of delinquency proceedings against domestic insurers and certain alien insurers

24-A §4365. Conduct of delinquency proceedings against foreign insurers

24-A §4366. Claims of nonresidents against domestic insurers

24-A §4367. Claims against foreign insurers

24-A §4368. Form of claim; notice; hearing

24-A §4369. Attachment and garnishment of assets

24-A §4370. Limitations on appointment of receiver; action by judgment creditor

24-A §4371. Deposit of monies

24-A §4372. Exemption from fees

24-A §4373. Escrowing on pledge of assets

24-A §4374. Termination of rehabilitation

24-A §4375. Prohibited and voidable transfers, liens (REPEALED)

24-A §4375-A. Voidable property transfers and liens

24-A §4376. Date rights fixed on liquidation

24-A §4377. Time to file claims

24-A §4378. Allowance of contingent and other claims

24-A §4379. Priorities in distribution of assets

24-A §4380. Subordination of claims for noncooperation

24-A §4381. Offsets

24-A §4382. Report and petition for assessment

24-A §4383. Order and levy of assessment

24-A §4384. Assessment prima facie correct; notice; payment; proceedings to collect

24-A §4385. Federal receivership

24-A §4386. Application for approval

24-A §4387. Qualified financial contracts

Subchapter 2: SUMMARY PROCEEDINGS

24-A §4401. Summary proceedings; superintendent's corrective orders authorized

24-A §4402. -- appeal from superintendent's order

24-A §4403. -- enforcement, penalty

24-A §4404. -- seizure under court order

24-A §4405. -- seizure under the superintendent's order

24-A §4406. -- conduct of hearings, both administrative and by the court, in summary proceedings

24-A §4407. -- penalty for refusal to deliver property, etc.

Subchapter 3: MAINE INSURANCE GUARANTY ASSOCIATION

24-A §4431. Short title

24-A §4432. Purpose

24-A §4433. Scope

24-A §4434. Construction

24-A §4435. Definitions

24-A §4436. Creation of the association

24-A §4437. Board of directors

24-A §4438. Powers and duties of the association

24-A §4439. Plan of operation

24-A §4440. Assessment of member insurers

24-A §4440-A. Special assessment

24-A §4440-B. Assessment of excess insurers (REPEALED)

24-A §4441. Duties and powers of the superintendent

24-A §4442. Effect of paid claims

24-A §4443. Nonduplication of recovery

24-A §4444. Prevention of insolvencies

24-A §4445. Examination of the association

24-A §4446. Tax exemption

24-A §4447. Recognition of assessment in rates

24-A §4448. Immunity

24-A §4449. Stay of proceedings; reopening of default judgments

24-A §4450. Termination of association

24-A §4451. Advertising restrictions

24-A §4452. Report to Legislature