reglab/housing_qa huggingface dataset:
24-A ME Rev Stat § 232 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 3: THE INSURANCE SUPERINTENDENT|24-A §232. Witnesses and documentary evidence

 §232. Witnesses and documentary evidence 1.  As to the subject of any examination, investigation or hearing being conducted by the superintendent, the superintendent may subpoena witnesses and administer oaths or affirmations and examine any individual under oath, or take depositions; and by subpoena duces tecum may require the production of documentary and other evidence. Any delegation by the superintendent of power of subpoena shall be in writing. The procedures of Title 5, section 9060, subsection 1, shall also apply to the issuance of subpoenas.   [PL 1989, c. 269, §7 (AMD).] 2.  Every person subpoenaed to appear at any such hearing, examination or investigation shall obey the subpoena, testify truthfully, behave with decorum and in no way obstruct the proceeding or purpose thereof.   [RR 2021, c. 1, Pt. B, §173 (COR).] 3.  Witnesses shall be entitled to the same fees and allowances as witnesses in Superior Court; except that no insurer, agent, broker or other person subject to this Title who is a subject of such proceeding, and no officer, director or employee of any of the foregoing, shall be entitled to witness or mileage fees. No person shall be excused from attending and testifying in obedience to a subpoena on the ground that the proper witness fee was not tendered or paid, unless the witness shall have demanded such payment as a condition precedent to attending the hearing, examination or investigation and unless such demand shall not have been complied with.   [PL 1969, c. 132, §1 (NEW).] 4.  Any individual knowingly testifying falsely under oath or making a false affirmation, as to any matter material to any such examination, investigation or hearing, shall upon conviction thereof be guilty of perjury.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1989, c. 269, §7 (AMD). RR 2021, c. 1, Pt. B, §173 (COR).
24-A ME Rev Stat § 233 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 3: THE INSURANCE SUPERINTENDENT|24-A §233. Witnesses; disciplinary proceedings

 §233. Witnesses; disciplinary proceedings 1.  If any individual without reasonable cause fails to appear when summoned as a witness, or refuses to answer a lawful and pertinent question, or refuses to produce documentary evidence when directed to do so by the superintendent, or behaves in a disrespectful or disorderly manner at the inquiry, or obstructs the proceedings by any means, whether or not in the presence of the superintendent or the superintendent's designee, the individual is guilty of contempt and may be dealt with as provided in subsection 2.   [RR 2021, c. 1, Pt. B, §174 (COR).] 2.  The superintendent or the superintendent's designee, as the case may be, may file a complaint in the Superior Court, setting forth under oath the facts constituting the contempt and requesting an order returnable in not less than 2 nor more than 5 days, directing the alleged contemner to show cause before the court why the alleged contemner should not be punished for contempt. Upon the return of such order, the court shall examine the alleged contemner under oath and the alleged contemner has an opportunity to be heard. If the court determines that the respondent has committed any alleged contempt, the court shall punish the offender as if the contempt had occurred in an action arising in or pending in such court.   [RR 2021, c. 1, Pt. B, §174 (COR).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). RR 2021, c. 1, Pt. B, §174 (COR).
24-A ME Rev Stat § 234 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 3: THE INSURANCE SUPERINTENDENT|24-A §234. Witnesses; immunity from prosecution

 §234. Witnesses; immunity from prosecution If any individual asks to be excused from testifying or from producing evidence of any kind in connection with any examination, hearing or investigation being conducted by the superintendent on the ground that the testimony or evidence required of that individual may tend to incriminate the individual or subject the individual to a penalty or forfeiture, and the Attorney General directs that individual to give testimony or produce evidence, the individual must comply with the directive. No testimony or other evidence so compelled, or any information directly or indirectly derived from that testimony or other evidence, may be used against the offering individual in any criminal, juvenile or civil violation proceeding, except that the testimony or other evidence may be used in a prosecution for perjury, false swearing, contempt or otherwise failing to comply with the directive to testify or produce evidence, or in a proceeding in which the individual has waived the immunity or privilege.   [PL 1989, c. 269, §8 (NEW).]1.   [PL 1989, c. 269, §8 (RP).] 2.   [PL 1989, c. 269, §8 (RP).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1989, c. 269, §8 (RPR).
24-A ME Rev Stat § 235 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 3: THE INSURANCE SUPERINTENDENT|24-A §235. Order on hearing

 §235. Order on hearing 1.  In the conduct of hearings under this Title and making the superintendent's order thereon, the superintendent shall act in a quasi-judicial capacity.   [RR 2021, c. 1, Pt. B, §175 (COR).] 2.  Within 30 days after termination of a hearing, or of any rehearing thereof or reargument thereon, or within such other period as may be specified in this Title as to particular proceedings, or within such further reasonable period as the superintendent for good cause may require, the superintendent shall make the superintendent's order on hearing covering matters involved in such hearing, and give a copy of the order to each party to the hearing in the same manner as notice of the hearing was given to such party; except that as to hearings held with respect to merger, consolidation, bulk reinsurance, conversion, affiliation or change of control of a domestic insurer as provided in chapter 47 when notice of the hearing was given to all stockholders and/or policyholders of an insurer involved, the superintendent is required to give a copy of the order on hearing to the corporation and insurer parties, to intervening parties, to a reasonable number of such stockholders or policyholders as representative of the class, and to other parties only upon written request of such parties.   [RR 2021, c. 1, Pt. B, §176 (COR).] 3.  The order must contain:   A. A concise statement of facts found by the superintendent upon the evidence adduced at the hearing;   [PL 1973, c. 585, §12 (AMD).]B. A concise statement of the superintendent's conclusions from the facts so found;   [PL 1973, c. 585, §12 (AMD).]C. The superintendent's order, and the effective date of the order;   [RR 2009, c. 2, §64 (COR).]D. Citation of the provisions of this Title upon which the order is based; but failure to so designate a particular provision does not deprive the superintendent of the right thereafter to rely thereon; and   [RR 2009, c. 2, §64 (COR).]E. Notice of the party's right to appeal or review of the order, of the action required for appeal and of the time within which the action must be taken in order to exercise the right.   [RR 2009, c. 2, §64 (COR).][RR 2009, c. 2, §64 (COR).] 4.  The order may affirm, modify or rescind action theretofore taken or may constitute taking of new action within the scope of the notice of the hearing.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1977, c. 694, §396 (AMD). RR 2009, c. 2, §64 (COR). RR 2021, c. 1, Pt. B, §§175, 176 (COR).
24-A ME Rev Stat § 236 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 3: THE INSURANCE SUPERINTENDENT|24-A §236. Appeal from the superintendent

 §236. Appeal from the superintendent 1.  In general, judicial review of actions taken by the superintendent or the superintendent's representatives must occur in conformity with the provisions set forth in the Maine Administrative Procedure Act, Title 5, chapter 375, subchapter 7.   [RR 2009, c. 2, §65 (COR).] 2.  An appeal from the superintendent shall be taken only from an order on hearing, or as to a matter on which the superintendent has failed to hold a hearing after application thereof under section 229, or regarding a matter as to which the superintendent has failed to issue an order after hearing as required by section 235.   [PL 1977, c. 694, §397 (RPR).] 3.  Any person who was a party to the hearing may appeal from an order of the superintendent within 30 days after receipt of notice. Any person not a party to the hearing whose interests are substantially and directly affected and who is aggrieved by an order of the superintendent may appeal within 40 days from the date the decision was rendered. If the appeal is taken from the superintendent's failure or refusal to act, the petition for review shall be filed within 6 months of the expiration of the time within which the action should reasonably have occurred.   [PL 1977, c. 694, §397 (RPR).] 4.   [PL 1989, c. 269, §9 (RP).] 5.   [PL 1989, c. 269, §9 (RP).] 6.   [PL 1989, c. 269, §9 (RP).] 7.   [PL 1989, c. 269, §9 (RP).] 8.   [PL 1989, c. 269, §9 (RP).] 9.   [PL 1989, c. 269, §9 (RP).] 10.   [PL 1989, c. 269, §9 (RP).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1969, c. 177, §4 (AMD). PL 1973, c. 585, §12 (AMD). PL 1977, c. 694, §397 (RPR). PL 1989, c. 269, §§9,10 (AMD). RR 2009, c. 2, §65 (COR).
24-A ME Rev Stat § 602 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 7: FEES AND TAXES|24-A §602. Tax on premiums and annuity considerations

 §602. Tax on premiums and annuity considerations As to returns and taxes on premiums and annuity considerations refer to Title 36, chapter 357.   [PL 1989, c. 502, Pt. A, §92 (AMD).]SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1989, c. 502, §A92 (AMD).
24-A ME Rev Stat § 603 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 7: FEES AND TAXES|24-A §603. Record, remittance of fees

 §603. Record, remittance of fees The superintendent shall keep a correct account of all fees and moneys received by the superintendent by virtue of the superintendent's office, and shall pay the same over to the Treasurer of State forthwith.   [RR 2021, c. 1, Pt. B, §186 (COR).]SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). RR 2021, c. 1, Pt. B, §186 (COR).
24-A ME Rev Stat § 604 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 7: FEES AND TAXES|24-A §604. Insurance Regulatory Fund

 §604. Insurance Regulatory Fund 1.  There is created in the State Treasury a dedicated account to be designated the "Insurance Regulatory Fund," the funds of which are hereby appropriated for the partial support and maintenance of the Insurance Bureau.   [PL 1973, c. 585, §12 (AMD).] 2.  The Treasurer of State shall credit the following funds to the Insurance Regulatory Fund:   A. The balance, if any, remaining on January 1, 1970 of funds allocated to the bureau pursuant to Title 24, section 372;   [PL 1973, c. 625, §136 (AMD).]B. Fees, licenses and other charges collected and remitted by the superintendent under section 601 (fee schedule), or as increased pursuant to section 428 (retaliatory provision);   [PL 1985, c. 446, §3 (AMD).]C.   [PL 1997, c. 457, §22 (RP).]D. Amounts assessed by the superintendent under Title 24, section 2332;   [PL 1985, c. 446, §3 (AMD).]E. Amounts assessed by the superintendent under section 237;   [PL 1985, c. 446, §3 (NEW).]F. Amounts assessed by the superintendent under Title 39‑A, section 409; and   [PL 1991, c. 885, Pt. E, §24 (AMD); PL 1991, c. 885, Pt. E, §47 (AFF).]G. Such other amounts as may be expressly required by law to be so credited.   [PL 1985, c. 446, §3 (NEW).][PL 2001, c. 559, §1 (AMD); PL 2001, c. 559, §2 (AFF).] 3.  Expenditures by the bureau from the Insurance Regulatory Fund shall be subject to budget control in the same manner as applies to departments of State in general.   [PL 1973, c. 585, §12 (AMD).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1969, c. 177, §§12,13 (AMD). PL 1973, c. 585, §12 (AMD). PL 1973, c. 625, §136 (AMD). PL 1985, c. 446, §3 (AMD). PL 1991, c. 885, §E24 (AMD). PL 1991, c. 885, §E47 (AFF). PL 1997, c. 457, §22 (AMD). PL 2001, c. 559, §Z1 (AMD). PL 2001, c. 559, §Z2 (AFF).
24-A ME Rev Stat § 605 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 7: FEES AND TAXES|24-A §605. In lieu, pre-emption provision

 §605. In lieu, pre-emption provision 1.  Payment by the insurer of the taxes as required by Title 25, section 2399 and Title 36, chapter 357 is in lieu of all taxes imposed by the State upon the insurer, or any subsidiary referred to in section 1157, subsection 5, paragraph B, subparagraph (1), upon premiums or upon income, and of any franchise, privilege or other taxes measured by income of the insurer or the subsidiary.   [PL 1993, c. 502, §1 (AMD); PL 1993, c. 502, §5 (AFF).] 2.  The State preempts the field of regulating, or of imposing excise, privilege, franchise, income, license, permit, registration and similar taxes, licenses and fees upon, insurers, any subsidiary referred to in section 1157, subsection 5, paragraph B, subparagraph (1), their general agents, agents and other representatives as such; and on the intangible property of insurers, any subsidiary referred to in section 1157, subsection 5, paragraph B, subparagraph (1) or such representatives; and all political subdivisions or agencies in this State are prohibited from regulating insurers, any subsidiary referred to in section 1157, subsection 5, paragraph B, subparagraph (1) or their general agents, agents and other representatives as such, and from imposing upon them any such tax, license or fee. This provision does not prohibit the imposition by political subdivisions of taxes upon real and tangible personal property.   [PL 1993, c. 502, §2 (AMD); PL 1993, c. 502, §5 (AFF).] 3.  This section shall not be modified or repealed by any law of general application hereafter enacted, unless expressly referred to or expressly repealed therein.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1969, c. 177, §14 (AMD). PL 1989, c. 502, §A93 (AMD). PL 1993, c. 502, §§1,2 (AMD). PL 1993, c. 502, §5 (AFF).
24-A ME Rev Stat § 1101 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 13: INVESTMENTS|24-A §1101. Scope of chapter

 §1101. Scope of chapter 1.  Subject to subsection 2 and section 1137, this chapter applies to all insurers except life or health insurers that transact business of a type described in section 409, subsection 3.   [PL 1991, c. 385, §9 (NEW).] 2.  Each domestic all lines insurer, as defined in section 409, subsection 2, shall, for accounting and financing purposes, establish and maintain distinct accounts dedicated exclusively to the insurance it transacts under its life or health insurance authority and to the remainder of its business. Each account must include reserves and surplus funds adequate to financially support the underwriting activity. All assets allocated to life accounts and health accounts are subject to chapter 13‑A rather than this chapter. The books and records of any insurer writing more than one kind of business must reflect the assets and operations relating to each underwriting activity in detail sufficient to demonstrate compliance with this chapter and chapter 13‑A.   [PL 1991, c. 385, §9 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1987, c. 399, §3 (AMD). PL 1989, c. 846, §§B1,E4 (AMD). PL 1991, c. 385, §9 (RPR).
24-A ME Rev Stat § 1102 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 13: INVESTMENTS|24-A §1102. Eligible investments

 §1102. Eligible investments 1.  Insurers shall hereafter invest in or lend their funds on the security of and shall hold as eligible investments only those as prescribed in this chapter.   [PL 1969, c. 177, §17 (AMD).] 2.  Any particular investment held by an insurer on January 1, 1970, which was a legal investment at the time it was made, and which the insurer was legally entitled to possess immediately prior to such effective date, shall be deemed to be an eligible investment.   [PL 1973, c. 625, §137 (AMD).] 3.  Eligibility of an investment shall be determined as of the date of its making or acquisition, except as stated in subsection 2, or in section 1131, subsection 2, or section 1134.   [PL 1979, c. 458, §1 (AMD).] 4.  Any investment limitation or diversification requirement based upon the amount of the insurer's assets or particular funds must relate to such assets or funds as shown by the insurer's annual or quarterly statement as of the statement date immediately preceding the date of acquisition of the investment by the insurer or as shown by a current applicable financial statement, prepared on the same basis as that annual or quarterly statement, resulting from merger with another insurer, bulk reinsurance or change in capitalization.   [PL 2017, c. 169, Pt. A, §6 (AMD).] 5.  Nothing in this chapter shall be deemed to prohibit an insurer from advancing funds to another insurer upon the type of agreement provided for in section 3415 (borrowed capital funds), and subject to the terms of such section 3415.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1969, c. 177, §17 (AMD). PL 1973, c. 625, §137 (AMD). PL 1979, c. 458, §1 (AMD). PL 1987, c. 399, §4 (AMD). PL 2017, c. 169, Pt. A, §6 (AMD).
24-A ME Rev Stat § 1103 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 13: INVESTMENTS|24-A §1103. General qualifications

 §1103. General qualifications 1.  No security or investment, other than real and personal property acquired under section 1125 (real estate), shall be eligible for acquisition unless it is interest bearing or interest accruing or entitled to dividends, if declared, or is otherwise income-entitled, is not then in default in any respect, and the insurer is entitled to receive for its exclusive account and benefit the interest or income accruing thereon.   Notwithstanding this subsection, nothing in this chapter may be deemed to prohibit an insurer from effecting or maintaining bona fide hedging transactions in foreign currency in connection with the purchase and sale of securities eligible for investment under this chapter or in contracts for future delivery of options, calls and other rights to purchase and puts and other rights to require another person to purchase, securities eligible for investment under this chapter, provided that those contracts, options, calls, puts and rights are traded on a national securities exchange or board of trade regulated under the laws of the United States and provided that the aggregate amount of those investments, as valued for all purposes in accordance with generally accepted accounting principles, shall not exceed 1% of the insurer's assets. For purposes of this subsection, a "bona fide hedging transaction" means a purchase or sale of foreign currency or of a contract, option, call, put or right, as the case may be, entered into for the purchase of offsetting changes in foreign currency exchange rates or in the market value of a security held or proposed to be acquired by the insurer.   [PL 1983, c. 442, §1 (AMD).] 2.  No provision of this chapter shall prohibit the acquisition by an insurer of other or additional securities or property if received as a dividend or as a lawful distribution of assets, or upon a debt or judgment, or under a lawful and bona fide agreement of bulk reinsurance, merger or consolidation. Any security or property so acquired which is not otherwise an eligible investment under this chapter shall be disposed of pursuant to section 1133 if real estate, or pursuant to section 1134 if personal property or securities.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1983, c. 442, §1 (AMD).
24-A ME Rev Stat § 1104 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 13: INVESTMENTS|24-A §1104. Authorization, record of investments

 §1104. Authorization, record of investments 1.  An insurer shall not make any investment or loan unless the same is authorized or approved by the insurer's board of directors or by a committee thereof charged with supervision of investments and loans.   [PL 1987, c. 399, §5 (AMD).] 2.  The insurer shall maintain a full record of each investment, showing, among other pertinent information, the name of any officer, director or principal stockholder of the insurer having any direct, indirect or contingent interest in the securities, loan or property constituting the investment, or in the person in whose behalf the investment is made, and the nature of such interest.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1987, c. 399, §5 (AMD).
24-A ME Rev Stat § 1105 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 13: INVESTMENTS|24-A §1105. Diversification -- Life, life/health insurers (REPEALED)

 §1105. Diversification -- Life, life/health insurers (REPEALED)SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1969, c. 177, §§18-20 (AMD). PL 1983, c. 442, §§2,3 (AMD). PL 1987, c. 399, §6 (RP).
24-A ME Rev Stat § 1107 (2021)
2021 Maine Revised Statutes|TITLE 24-A: MAINE INSURANCE CODE|Chapter 13: INVESTMENTS|24-A §1107. Public obligations

 §1107. Public obligations An insurer may invest in bonds or other evidences of indebtedness, not in default as to principal or interest, which are valid and legally authorized obligations issued, assumed or guaranteed by the United States or by any state thereof, or by Canada or any of the provinces thereof, or by any county, city, town, village, municipality or district therein or by any political subdivision thereof or by a public instrumentality of one or more of the foregoing, if, by statutory or other legal requirements applicable thereto, such obligations are payable, as to both principal and interest, from:   [PL 1969, c. 132, §1 (NEW).]1.  Taxes levied or by law required to be levied upon all taxable property or all taxable income within the jurisdiction of such governmental unit, or from   [PL 1969, c. 132, §1 (NEW).] 2.  Adequate special revenues pledged or otherwise appropriated or by law required to be provided for the purpose of such payment; but not including any obligation payable solely out of special assessments on properties benefited by local improvements unless adequate security is evidenced by the ratio of assessment to the value of the property or the obligation is additionally secured by an adequate guaranty fund required by law.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW).