§471. Proclamation by Governor
Whenever it appears to the Governor that the welfare of the State or any section thereof, or the welfare and security of insurers under the supervision of the superintendent or their insureds or beneficiaries require, the Governor may proclaim that an insurance emergency exists and this subchapter shall thereupon become effective. [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 5: AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS
Subchapter 2: INSURANCE EMERGENCIES
24-A §471. Proclamation by Governor
24-A §472. Rules and regulations
24-A §473. Insurers regulated; suspended
24-A §476. Personal responsibility of the superintendent limited
24-A §477. Duration at will of Governor