§1260. Rights of insurer during solvency
So long as the insurer remains solvent and is in compliance with this Title it may: [PL 1969, c. 132, §1 (NEW).]
1. Demand, receive, sue for and recover the income from the securities deposited;
[PL 1969, c. 132, §1 (NEW).]
2. Exchange and substitute for the deposited securities, eligible securities of equivalent or greater fair market value; and
[PL 1969, c. 132, §1 (NEW).]
3. At any reasonable time inspect any such deposit.
[PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW).