24-A §9. "Transacting insurance" defined

Title 24-A: MAINE INSURANCE CODE

Chapter 1: GENERAL DEFINITIONS AND PROVISIONS

§9. "Transacting insurance" defined

In addition to other aspects of insurance operations to which provisions of this Title by their terms apply, "transact" with respect to a business of insurance includes any of the following, whether by mail or any other means: [1969, c. 132, §1 (NEW).]

1. Solicitation or inducement;

[ 1969, c. 132, §1 (NEW) .]

2. Negotiations;

[ 1969, c. 132, §1 (NEW) .]

3. Effectuation of a contract of insurance;

[ 1969, c. 132, §1 (NEW) .]

4. Transaction of matters subsequent to effectuation and arising out of such a contract.

[ 1969, c. 132, §1 (NEW) .]

SECTION HISTORY

1969, c. 132, §1 (NEW).