Maine Revised Statutes Title 24 Sec. 2603 – Place and form of reports
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Terms Used In Maine Revised Statutes Title 24 Sec. 2603
- Month: means a calendar month. See Maine Revised Statutes Title 1 Sec. 72
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72
Claims reports and reports of disposition required by this subchapter shall be made to the Superintendent of Insurance, who shall prescribe the form and content of the reports. The superintendent shall determine the frequency of claims reports, provided the period covered by the reports shall not be less than one month nor more than one year. Reports of disposition shall be made within 60 days of the judgment, award, settlement or other disposition of the claim as provided under section 2602. [PL 1977, c. 492, §3 (NEW).]
SECTION HISTORY
PL 1977, c. 492, §3 (NEW).