§2114. Penalty
Any person who in this State represents an unauthorized insurer in the transaction of business in this State in violation of law, shall, in addition to any other applicable penalty, be liable for the full amount of any loss sustained on any insurance contract made by or through him, directly or indirectly, and for any premium taxes which may become due under any law of this State by reason of such contract. [PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 21: UNAUTHORIZED INSURERS -- PROHIBITIONS, PROCESS AND ADVERTISING
24-A §2101. Representing or aiding unauthorized insurer prohibited
24-A §2102. Purposes as related to Unauthorized Insurers
24-A §2103. Unauthorized Insurers Process Act; title; interpretation
24-A §2104. Superintendent process agent
24-A §2105. Service of process
24-A §2106. Exemptions from service or process provisions
24-A §2107. Defense of action by unauthorized insurer
24-A §2109. Unauthorized Insurers False Advertising Process Act; title (REPEALED)
24-A §2110. Notice to domiciliary supervisory official (REPEALED)
24-A §2111. Action by superintendent (REPEALED)
24-A §2112. Reciprocal judgment
24-A §2113. Report and tax of independently procured coverages. (REPEALED)