Maine Revised Statutes
Subchapter 1: REHABILITATION AND LIQUIDATION
24-A §4354. Jurisdiction of delinquency proceedings; venue; exclusiveness of remedy; appeal

§4354. Jurisdiction of delinquency proceedings; venue; exclusiveness of remedy; appeal
1.  The Superior Court has original jurisdiction of delinquency proceedings under this chapter, and any court with jurisdiction is authorized to make all necessary or proper orders to carry out the purposes of this chapter. A delinquency proceeding may not be commenced under this chapter by anyone other than the superintendent.  
[PL 1991, c. 828, §26 (AMD).]
2.  The venue of delinquency proceedings against a domestic insurer shall be in the county in this State of the insurer's principal place of business; or, if the principal place of business is located in another state, in any county in this State selected by the superintendent for the purpose. The venue of proceedings against foreign insurers shall be in any county in this State selected by the superintendent for the purpose.  
[PL 1973, c. 585, §12 (AMD).]
3.  At any time after commencement of a proceeding the superintendent or any other party may apply to the court for an order changing the venue of, and removing, the proceeding to any other county of this State in which the proceeding may most conveniently, economically and efficiently be conducted.  
[PL 1973, c. 585, §12 (AMD).]
4.  No court shall have jurisdiction to entertain, hear or determine any petition or complaint praying for the dissolution, liquidation, rehabilitation, sequestration, conservation or receivership of any insurer, or for an injunction or restraining order or other relief preliminary, incidental or relating to such proceedings, other than in accordance with this chapter.  
[PL 1969, c. 132, §1 (NEW).]
5.  An appeal shall lie to the Supreme Judicial Court from any court granting or refusing rehabilitation, liquidation, conservation or receivership and from every order in delinquency proceedings having the character of a final order as to the particular portion of the proceedings embraced therein.  
[PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1991, c. 828, §26 (AMD).

Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 24-A: MAINE INSURANCE CODE

Chapter 57: DELINQUENT INSURERS

Subchapter 1: REHABILITATION AND LIQUIDATION

24-A §4351. Scope of provisions

24-A §4352. Short title

24-A §4353. Definitions

24-A §4354. Jurisdiction of delinquency proceedings; venue; exclusiveness of remedy; appeal

24-A §4355. Jurisdiction over related persons and transactions

24-A §4356. Grounds for rehabilitation of domestic insurer or domiciled alien insurer

24-A §4357. Grounds for liquidation of domestic insurer or domiciled alien insurer

24-A §4358. Grounds for conservation, foreign and alien insurers

24-A §4359. Grounds for ancillary liquidation, foreign and alien insurers

24-A §4360. Commencement of proceeding

24-A §4361. Service of process

24-A §4362. Injunctions

24-A §4362-A. Dissolution of domestic insurer

24-A §4363. Uniform Insurers Liquidation Act; severability; interpretation

24-A §4364. Conduct of delinquency proceedings against domestic insurers and certain alien insurers

24-A §4365. Conduct of delinquency proceedings against foreign insurers

24-A §4366. Claims of nonresidents against domestic insurers

24-A §4367. Claims against foreign insurers

24-A §4368. Form of claim; notice; hearing

24-A §4369. Attachment and garnishment of assets

24-A §4370. Limitations on appointment of receiver; action by judgment creditor

24-A §4371. Deposit of money

24-A §4372. Exemption from fees

24-A §4373. Escrowing on pledge of assets

24-A §4374. Termination of rehabilitation

24-A §4375. Prohibited and voidable transfers, liens (REPEALED)

24-A §4375-A. Voidable property transfers and liens

24-A §4376. Date rights fixed on liquidation

24-A §4377. Time to file claims

24-A §4378. Allowance of contingent and other claims

24-A §4379. Priorities in distribution of assets

24-A §4380. Subordination of claims for noncooperation

24-A §4381. Offsets

24-A §4382. Report and petition for assessment

24-A §4383. Order and levy of assessment

24-A §4384. Assessment prima facie correct; notice; payment; proceedings to collect

24-A §4385. Federal receivership

24-A §4386. Application for approval

24-A §4387. Qualified financial contracts