Maine Revised Statutes
Chapter 51: DOMESTIC MUTUAL ASSESSMENT INSURERS
24-A §3628. Agents -- licensing

§3628. Agents -- licensing
All agents of insurers subject to this chapter are subject to the applicable requirements of chapter 16, except that:   [PL 1997, c. 457, §45 (AMD); PL 1997, c. 457, §55 (AFF).]
1.  No personal examination shall be required of the applicant and no examination fee shall be charged, as to an applicant for a license as an agent of an insurer writing insurance solely on the assessment plan, if on January 1, 1970 the applicant was also a director or officer of such insurer;  
[PL 1973, c. 625, §151 (AMD).]
2.  No fee shall be required by the superintendent for license as resident agent issued to any individual referred to in subsection 1, as agent of such an insurer.  
[PL 1973, c. 585, §12 (AMD).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1973, c. 625, §151 (AMD). PL 1997, c. 457, §45 (AMD). PL 1997, c. 457, §55 (AFF).

Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 24-A: MAINE INSURANCE CODE

Chapter 51: DOMESTIC MUTUAL ASSESSMENT INSURERS

24-A §3601. Scope of chapter

24-A §3602. Chapter exclusive

24-A §3603. Mutual assessment plans; definitions

24-A §3604. Insuring powers; reinsurance

24-A §3605. Formation of new assessment plan insurers

24-A §3606. Certificate of authority required

24-A §3607. Capital funds required; existing insurers

24-A §3608. Capital funds required; new mutual assessment insurers

24-A §3609. New assessment plan insurers; conversion

24-A §3610. Guaranty capital shares; dividends, investment, deposit, voting rights

24-A §3611. Guaranty capital shares; increase of paid-in capital

24-A §3612. Guaranty capital shares; deficiency and assessment

24-A §3613. Guaranty capital shares; retirement

24-A §3614. Notice of contingent liability; reduction

24-A §3615. Delivery, acceptance of policy

24-A §3616. Assessment; remedy if not paid

24-A §3617. Assessment -- court review; adjustment of claims where no assessment made

24-A §3618. -- order of notice to parties interested, and proceedings

24-A §3619. Proceedings before master or auditor

24-A §3620. -- when assessment final; costs; control of funds and payment of assessments

24-A §3621. -- assessment not sufficient; collection stayed by court

24-A §3622. Nonassessable policies; assessable, nonassessable liability

24-A §3623. Limit of risk

24-A §3624. Unearned premium reserve

24-A §3625. Directors' residence, compensation

24-A §3626. Annual statement by directors

24-A §3627. Agents; liability

24-A §3628. Agents -- licensing

24-A §3629. Other provisions applicable