Maine Revised Statutes
Chapter 55: FRATERNAL BENEFIT SOCIETIES
24-A §4133. Investments

§4133. Investments
A society shall invest its funds only in such investments as are authorized by the laws of this State for the investment of assets of life insurers and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this State which invests its funds in accordance with the laws of the state, district, territory, country or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.   [PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW).

Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 24-A: MAINE INSURANCE CODE

Chapter 55: FRATERNAL BENEFIT SOCIETIES

24-A §4101. Fraternal benefit societies defined

24-A §4102. Lodge system defined

24-A §4103. Representative form of government defined

24-A §4104. Organization

24-A §4105. Corporate powers retained

24-A §4106. Voluntary associations

24-A §4107. Location of office -- place of meeting

24-A §4108. Consolidations and mergers

24-A §4109. Conversion of fraternal benefit society into mutual life insurance company

24-A §4110. Qualifications for membership

24-A §4111. Articles of incorporation, constitution and laws -- amendments

24-A §4112. Institutions

24-A §4113. No personal liability

24-A §4114. Benefits

24-A §4115. Benefits on lives of children

24-A §4116. Nonforfeiture benefits, cash surrender values, certificate loans and other options

24-A §4117. Beneficiaries

24-A §4118. Benefits not attachable

24-A §4119. The contract

24-A §4120. Life benefit certificate provisions, standard and prohibited

24-A §4121. Accident and health insurance and total and permanent disability insurance certificates

24-A §4121-A. Acquired Immune Deficiency Syndrome

24-A §4122. Waiver

24-A §4123. Reinsurance

24-A §4124. Licenses

24-A §4125. Foreign or alien society -- admission

24-A §4126. Injunction -- liquidation -- receivership of domestic society

24-A §4127. Petition for suspension, revocation or refusal of license of foreign or alien society (REPEALED)

24-A §4127-A. Suspension, revocation or refusal of license of foreign or alien society

24-A §4128. Licensing of agents

24-A §4129. Service of process

24-A §4130. Injunction

24-A §4131. Review

24-A §4132. Funds

24-A §4133. Investments

24-A §4134. Reports and valuations

24-A §4135. Examination of domestic societies

24-A §4136. Examination of foreign and alien societies

24-A §4137. No adverse publications

24-A §4138. Misrepresentation (REPEALED)

24-A §4138-A. Enforcement; unfair methods of competition and unfair and deceptive acts and practices

24-A §4139. Discrimination and rebates (REPEALED)

24-A §4139-A. Funeral service contracts

24-A §4140. Taxation

24-A §4141. Exemptions

24-A §4142. Exemption of certain societies

24-A §4143. Penalties