24-A §1260. Rights of insurer during solvency
Title 24-A: MAINE INSURANCE CODE
Chapter 15: ADMINISTRATION OF DEPOSITS
§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).