Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 231 - CERTIFICATES OF AUTHORITY FOR INSURANCE COMPANIES
Section 031-231-7 - Reinstatement of Certificate of Authority
Universal Citation: 02 ME Code Rules ยง 031-231-7
Current through 2024-13, March 27, 2024
An Applicant whose Certificate of Authority has been suspended and seeks reinstatement must demonstrate to the satisfaction of the Superintendent that it has complied with any conditions of reinstatement prescribed in the order of suspension and that the reasons for the suspension should no longer act as a bar to the Applicant's doing business in Maine. If the Applicant has undergone a substantial change in operations, management, or capital structure, the Superintendent may require compliance with such provisions of Section 3 as the Superintendent determines to be appropriate in the circumstances.
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