Maine Revised Statutes Title 24-A. Maine Insurance Code § 1129. Special investments of title insurers
Current as of January 01, 2022 | Updated by FindLaw Staff
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1. A title insurer may also have invested funds in an amount not exceeding 50% of its paid-in capital stock and its surplus, in its abstract plant and equipment and in stocks of abstract companies.
2. Investments authorized under subsection 1 shall not be credited against required reserves.
Cite this article: FindLaw.com - Maine Revised Statutes Title 24-A. Maine Insurance Code § 1129. Special investments of title insurers - last updated January 01, 2022 | https://codes.findlaw.com/me/title-24-a-maine-insurance-code/me-rev-st-tit-24-a-sect-1129.html
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