Maine Revised Statutes

§1260. Rights of insurer during solvency

So long as the insurer remains solvent and is in compliance with this Title it may: [1969, c. 132, §1 (NEW).]

1.    Demand, receive, sue for and recover the income from the securities deposited;
[ 1969, c. 132, §1 (NEW) .]
2.    Exchange and substitute for the deposited securities, eligible securities of equivalent or greater fair market value; and
[ 1969, c. 132, §1 (NEW) .]
3.    At any reasonable time inspect any such deposit.
[ 1969, c. 132, §1 (NEW) .]
SECTION HISTORY
1969, c. 132, §1 (NEW).

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