1. Authorized insurer. An "authorized" insurer is one duly authorized to transact insurance in this State by a subsisting certificate of authority issued by the superintendent. [PL 1969, c. 132, §1 (NEW); PL 1973, c. 585, §12 (AMD).] 2. Unauthorized insurer. An "unauthorized" insurer is one not so authorized. [PL 1969, c. 132, §1 (NEW).]
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