Maine Revised Statutes
Subchapter 1: REHABILITATION AND LIQUIDATION
24-A §4363. Uniform Insurers Liquidation Act; severability; interpretation

§4363. Uniform Insurers Liquidation Act; severability; interpretation
1.  This section, section 4353 (definitions), and sections 4364 to 4369 comprise and may be cited as the Uniform Insurers Liquidation Act.  
[PL 1969, c. 132, §1 (NEW).]
2.  If any provision of the Uniform Insurers Liquidation Act or the application thereof to any person or circumstances is held invalid, such invalidity shall not affect other provisions or applications of the Act which can be given effect without the invalid provision or application, and to this end the provisions of the Act are declared to be severable.  
[PL 1969, c. 132, §1 (NEW).]
3.  This Uniform Insurers Liquidation Act shall be so interpreted as to effectuate its general purpose to make uniform the laws of those states which enact it. To the extent that its provisions, when applicable, conflict with other provisions of this Title, the Uniform Insurers Liquidation Act shall control.  
[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 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