Maine Code § 24-A-6100

Administrative and procedural authority regarding risk retention groups and purchasing
Open in Lexace · Ask the AI about this section
groups

The superintendent is authorized to make use of any of the powers established under the Maine
Insurance Code as long as those powers are not specifically preempted by the Product Liability Risk
Retention Act of 1981, as amended by the Risk Retention Amendments of 1986. This includes, but is
not limited to, the superintendent's administrative authority to investigate, issue subpoenas, conduct
depositions and hearings, issue orders and impose penalties. With regard to any investigation,
administrative proceedings or litigation, the superintendent can rely on the procedural laws and rules
of the State. The superintendent's injunctive authority in regard to risk retention groups is restricted by
the requirement that any injunction be issued by a court of competent jurisdiction. [PL 1987, c. 481,
§3 (NEW).]

‹ Prev All Maine sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.