Title 24-A, §3624: Unearned premium reserve

§3624 PDF
§3624 MS-Word
Statute Search
Ch. 51 Contents
Title 24-A Contents
List of Titles
Maine Law & Disclaimer
Revisor's Office
Maine Legislature

§3624. Unearned premium reserve

An insurer which collects a cash premium or advance assessment shall maintain an unearned premium reserve equal to 50% of the cash premium or advance assessment on its policies in force. [PL 1969, c. 132, §1 (NEW).]

SECTION HISTORY

PL 1969, c. 132, §1 (NEW).

The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.

Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007

Data for this page extracted on 10/20/2025 14:32:56.