Maine Revised Statutes Title 24-A Sec. 418-A – Order, notice of suspension or, revocation; publication; effect upon agents’ authority
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1. All suspensions or revocations of, or refusals to continue, an insurer’s certificate of authority shall be by the superintendent’s order, given to the insurer by personal delivery or by certified or registered mail, addressed to the insurer at its last address of record with the superintendent. Notice by mail shall be deemed given when so mailed.
[PL 1983, c. 419, §4 (NEW).]
Terms Used In Maine Revised Statutes Title 24-A Sec. 418-A
- registered mail: when used in connection with any requirement for notice by mail shall mean either registered mail or certified mail. See Maine Revised Statutes Title 1 Sec. 72
2. Upon issuance of the order, the superintendent shall forthwith give notice thereof to the insurer’s agents in this State of record in the bureau, and shall likewise suspend or revoke the authority of those agents to represent the insurer.
[PL 1983, c. 419, §4 (NEW).]
SECTION HISTORY
PL 1983, c. 419, §4 (NEW).