§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: [PL 1969, c. 132, §1 (NEW).]
1. Solicitation or inducement;
[PL 1969, c. 132, §1 (NEW).]
2. Negotiations;
[PL 1969, c. 132, §1 (NEW).]
3. Effectuation of a contract of insurance;
[PL 1969, c. 132, §1 (NEW).]
4. Transaction of matters subsequent to effectuation and arising out of such a contract.
[PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW).