Maine Revised Statutes
Chapter 53: RECIPROCAL INSURERS
24-A §3853. Insuring powers of reciprocals

§3853. Insuring powers of reciprocals
1.  A reciprocal insurer may, upon qualifying therefore as provided for by this Title, transact any kind or kinds of insurance defined by this Title, other than life or title insurances.  
[PL 1969, c. 132, §1 (NEW).]
2.  Such an insurer may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance it is authorized to transact direct.  
[PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW).