24-A §3851. "Reciprocal" insurance defined
Title 24-A: MAINE INSURANCE CODE
Chapter 53: RECIPROCAL INSURERS
§3851. "Reciprocal" insurance defined
"Reciprocal" insurance is that resulting from an interchange among persons, known as "subscribers," of reciprocal agreements of indemnity, the interchange being effectuated through an "attorney-in-fact" common to all such persons. [1969, c. 132, §1 (NEW).]
SECTION HISTORY
1969, c. 132, §1 (NEW).