§4377. Time to file claims
1. If upon the entry of an order of liquidation under this chapter or at any time thereafter during liquidation proceedings the insurer is not clearly solvent, the court shall, upon hearing after such notice as it deems proper, make and enter an order adjudging the insurer to be solvent.
[PL 1969, c. 132, §1 (NEW).]
2. After the entry of the order of insolvency, regardless of any prior notice that may have been given to creditors, the superintendent shall notify all persons who may have claims against the insurer to file such claims with him, at a place and within the time specified in the notice, or that such claims shall be forever barred. The time specified in the notice shall be as fixed by the court for filing of claims and which shall be not less than 6 months after the entry of the order of insolvency. The notice shall be given in such manner and for such reasonable period of time as may be ordered by the court.
[PL 1973, c. 585, §12 (AMD).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD).
Structure 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 §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-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 §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 §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