§9. "Transacting insurance" defined
In addition to other aspects of insurance operations to which provisions of this Title by their terms apply, "transact" with respect to a business of insurance includes any of the following, whether by mail or any other means: [PL 1969, c. 132, §1 (NEW).]
1. Solicitation or inducement;
[PL 1969, c. 132, §1 (NEW).]
2. Negotiations;
[PL 1969, c. 132, §1 (NEW).]
3. Effectuation of a contract of insurance;
[PL 1969, c. 132, §1 (NEW).]
4. Transaction of matters subsequent to effectuation and arising out of such a contract.
[PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 1: GENERAL DEFINITIONS AND PROVISIONS
24-A §5. Superintendent, bureau defined
24-A §6. "Domestic," "foreign," "alien" insurer defined
24-A §8. "Authorized," "unauthorized" insurer defined
24-A §9. "Transacting insurance" defined
24-A §10. Application of code as to particular types of insurers
24-A §11. Particular provisions prevail
24-A §12. General penalty (REPEALED)
24-A §12-A. Civil penalty and enforcement provisions
24-A §13. Retention of unpaid premium