Surplus lines insurance valid

  1. Law
  2. Maine Revised Statutes
  3. MAINE INSURANCE CODE
  4. SURPLUS LINES
  5. Surplus lines insurance valid

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§2010. Surplus lines insurance valid

Insurance contracts procured as surplus line coverage from unauthorized insurers in accordance with this chapter shall be fully valid and enforceable as to all parties, and shall be given recognition in all matters and respects to the same effect as like contracts issued by authorized insurers.   [PL 1969, c. 132, §1 (NEW).]

SECTION HISTORY

PL 1969, c. 132, §1 (NEW).


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