A risk retention group which violates any provision of this Act will be subject to fines and penalties applicable to licensed insurers generally, including revocation of its license or the right to do business in this State.
Me. Rev. Stat. tit. 24-A, § 6101
Penalties
Known as the Maine Liability Risk Retention Act
The act spans §§ 6091 to 6104 (14 sections).
PL 1987, c. 481, §3 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.