§4448. Immunity
There is no liability on the part of and no cause of action of any nature arises against any member insurer, the association or its agents or employees, the board of directors, or the superintendent or the superintendent's representatives for any action taken by them in the performance of their powers and duties under this subchapter. [RR 2021, c. 1, Pt. B, §390 (COR).]
SECTION HISTORY
PL 1969, c. 561 (NEW). PL 1973, c. 585, §12 (AMD). RR 2021, c. 1, Pt. B, §390 (COR).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 57: DELINQUENT INSURERS
Subchapter 3: MAINE INSURANCE GUARANTY ASSOCIATION
24-A §4436. Creation of the association
24-A §4437. Board of directors
24-A §4438. Powers and duties of the association
24-A §4440. Assessment of member insurers
24-A §4440-A. Special assessment
24-A §4440-B. Assessment of excess insurers (REPEALED)
24-A §4441. Duties and powers of the superintendent
24-A §4442. Effect of paid claims
24-A §4443. Nonduplication of recovery
24-A §4444. Prevention of insolvencies
24-A §4445. Examination of the association
24-A §4447. Recognition of assessment in rates
24-A §4449. Stay of proceedings; reopening of default judgments
24-A §4450. Termination of association