Maine Revised Statutes
Chapter 54-A: MAINE GUARANTEED ACCESS REINSURANCE ASSOCIATION ACT
24-A §3954. Liability and indemnification

§3954. Liability and indemnification
1.  Liability.  The board and its employees may not be held liable for any obligations of the association. A cause of action may not arise against the association; the board, its agents or its employees; a member insurer or its agents, employees or producers; or the superintendent for any action or omission in the performance of powers and duties pursuant to this chapter.  
[PL 2011, c. 90, Pt. B, §8 (NEW).]
2.  Indemnification.  The board may provide in its bylaws or rules for indemnification of, and legal representation for, its members and employees.  
[PL 2011, c. 90, Pt. B, §8 (NEW).]
SECTION HISTORY
PL 2011, c. 90, Pt. B, §8 (NEW).

Structure Maine Revised Statutes