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Terms Used In Maine Revised Statutes Title 24-A Sec. 4380

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
If an ancillary receiver, by whatever name called, in another state or foreign country fails to transfer to the domiciliary liquidator in this State any assets within the ancillary receiver’s control other than special deposits, diminished only by the expenses, if any, of the ancillary receivership, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, must be placed in the class of claims under section 4379, subsection 8. [RR 2021, c. 1, Pt. B, §374 (COR).]
SECTION HISTORY

PL 1969, c. 132, §1 (NEW). RR 2021, c. 1, Pt. B, §374 (COR).