§1258. Appraisal
The superintendent may, in the superintendent's discretion, prior to acceptance for deposit of any particular security, or at any time thereafter while so deposited, have the same appraised or valued by competent appraisers. The reasonable cost of any such appraisal or valuation must be borne by the insurer. [RR 2021, c. 1, Pt. B, §197 (COR).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). RR 2021, c. 1, Pt. B, §197 (COR).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 15: ADMINISTRATION OF DEPOSITS
24-A §1251. Authorized deposits of insurers
24-A §1252. Purpose of deposit
24-A §1253. Securities eligible for deposit
24-A §1254. Depositary; records
24-A §1255. Responsibility for safekeeping
24-A §1256. Custodial arrangements
24-A §1257. Assignment, transfer of securities or assets
24-A §1260. Rights of insurer during solvency