Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 735 - Term and Universal Life Insurance Reserve Financing
Section 031-735-2 - Applicability
Universal Citation: 02 ME Code Rules ยง 031-735-2
Current through 2024-38, September 18, 2024
This rule applies to all reinsurance treaties that cede liabilities pertaining to Covered Policies, as defined in Subsection 4(2), issued by any domestic life insurer. In the event of a direct conflict between this rule and the Credit for Reinsurance Rule, 02-031 CMR ch. 740, the provisions of this rule shall control as applied to such treaties, but Rule 740 shall only be superseded to the extent of any conflict.
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