An insurer may accept reinsurance only of such kinds of risks, and retain risk thereon within such limits, as the insurer is otherwise authorized to insure.
Me. Rev. Stat. tit. 24-A, § 731-A
Acceptance of reinsurance
PL 1989, c. 846, §§E2,4 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.