™Your Policy Risk Impact Agent
84 chapters · 1,755 sections in this title.
24-A M.R.S. § 3551 Purpose
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Enemy attack could seriously disrupt the management functions of an insurance organization. Prompt resumption of insurance operations following attack is in the public interest and requires provisions for the continuity of management. It is essential that advance corporate action…
24-A M.R.S. § 3552 Definitions; interpretation of chapter
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When used in this chapter, the following terms mean and include the following. [RR 2009, c. 2, §69 (COR).] 1. Acting director. Acting director means an acting director elected or appointed in accordance with this chapter. 2. Acting officer. Acting officer means an acting officer …
24-A M.R.S. § 3553 Emergency bylaws
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1. With the approval of the superintendent, any domestic organization may, at any time, adopt, in the same manner as in the case of ordinary bylaws, emergency bylaws to become operative during a period of acute emergency. Emergency bylaws may contain provisions with respect to th…
24-A M.R.S. § 3554 Change of location; emergency boards of directors
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Notwithstanding any provision of its charter, any domestic insurance organization, without complying with any provision of law requiring approval, or application for approval, of a change of location of its principal office may, from time to time, change the location thereof duri…