L.__All voting stock of the reorganized insurer or any |
related stock holding company acquired by any person in |
excess of the maximum amount permitted to be acquired by |
that person pursuant to this subsection is deemed to be |
nonvoting stock for so long as it is held by any person in |
excess of those limitations.__In addition to any other |
enforcement powers of the superintendent under this Title, a |
violation of the limitations of ownership may be enforced or |
enjoined, as the case may be, by appropriate proceedings |
commenced by the reorganized insurer or any related stock |
holding company, the superintendent, the attorney general, |
any member of the mutual holding company or any stockholder |
of the reorganized insurer or of any related stock holding |
company.__The action must be commenced in the Kennebec |
County Superior Court or the superior court in the |
jurisdiction of which the reorganized insurer has its home |
office, and the court may issue any order, injunctive or |
otherwise, that it finds necessary to cure the violation or |
to prevent the action. |