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Current as of January 01, 2025 | Updated by Findlaw Staff
1. An assessment plan insurer shall have authority to transact, and shall transact only such insurance as is permitted by its charter and by its certificate of authority.
2. Any such insurer shall have power to cede reinsurance of any risk or part thereof which it is authorized to insure direct; and shall have power to accept reinsurance from other domestic assessment plan insurers of any risk which it has authority to insure direct.
Cite this article: FindLaw.com - Maine Revised Statutes Title 24-A. Maine Insurance Code § 3604. Insuring powers; reinsurance - last updated January 01, 2025 | https://codes.findlaw.com/me/title-24-a-maine-insurance-code/me-rev-st-tit-24-a-sect-3604/
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