§3705. Nonstate agency
The company is not considered a state agency or instrumentality of the State for any purpose. The company is not and may never be supported in any way by the State's General Fund or any guaranty by the State, any state agency or a division of the State. The State may not borrow or otherwise appropriate funds from the company. [PL 1991, c. 885, Pt. C, §6 (AMD).]
SECTION HISTORY
PL 1991, c. 615, §D1 (NEW). PL 1991, c. 885, §C6 (AMD).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 52: MAINE EMPLOYERS' MUTUAL INSURANCE COMPANY
24-A §3704. Prerequisites to operations (REPEALED)
24-A §3704-A. Initial funding and operation (REPEALED)
24-A §3706. Reports and information
24-A §3707. Powers of the board
24-A §3709. President and chief executive officer
24-A §3711. Operation of the company
24-A §3712. Divisions (REPEALED)
24-A §3712-A. Divisions (REPEALED)