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Me. Rev. Stat. tit. 24-A, § 732

Deposits and funds withheld under reinsurance treaties

PL 1991, c. 828, §19 (NEW).

Any ceding insurer must report in its annual statement all funds withheld and deposit funds established pursuant to contracts of ceded reinsurance. Ceding insurers must report this and related information as required by reporting rules established by the National Association of Insurance Commissioners.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.