Maine Revised Statutes
Subchapter 1: REHABILITATION AND LIQUIDATION
24-A §4382. Report and petition for assessment

§4382. Report and petition for assessment
Within 3 years after the date of the entry of an order of rehabilitation or liquidation of a domestic mutual insurer or a domestic reciprocal insurer, the superintendent may make and file the superintendent's report and petition to the court setting forth:   [RR 2021, c. 1, Pt. B, §376 (COR).]
1.  The reasonable value of the assets of the insurer;  
[PL 1969, c. 132, §1 (NEW).]
2.  The liabilities of the insurer to the extent thus far ascertained by the superintendent;  
[PL 1973, c. 585, §12 (AMD).]
3.  The aggregate amount of the assessment, if any, which the superintendent deems reasonably necessary to pay all claims, the costs and expenses of the collection of the assessments and the costs and expenses of the delinquency proceedings in full; and  
[PL 1973, c. 585, §12 (AMD).]
4.  Any other information relative to the affairs or property of the insurer that the superintendent deems material.  
[PL 1973, c. 585, §12 (AMD).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). RR 2021, c. 1, Pt. B, §376 (COR).

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