LD 1192
pg. 13
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LR 1012
Item 1

 
B. With the insurance superintendent regulator in any state
in which the insurer is authorized to do business, if the
insurance superintendent that regulator has notified the
insurer of its request for the filing in writing, in which
case the insurer shall file its risk-based capital report
not later than the later of:

 
(1) Fifteen days from after the receipt of notice to
file its risk-based capital report with that state; or

 
(2) The filing date.

 
Sec. 26. 24-A MRSA §6453, sub-§3, ¶A, as enacted by PL 1993, c. 634,
Pt. A, §1, is amended to read:

 
A. Within 45 days of after the company action level event;
or

 
Sec. 27. 24-A MRSA §6453, sub-§6, as enacted by PL 1993, c. 634, Pt.
A, §1, is amended to read:

 
6. Duty to file copies of plan with other states. A domestic
insurer that files a risk-based capital plan or revised risk-
based capital plan with the superintendent pursuant to this
section shall file a copy of the risk-based capital plan or
revised risk-based capital plan with the insurance superintendent
regulator in any state in which the insurer is authorized to do
business if:

 
A. That state has a risk-based capital provision
substantially similar to that required by this chapter; and

 
B. The insurance superintendent regulator of that state has
notified the insurer of its request for the filing in
writing, in which case the insurer shall file a copy of the
risk-based capital plan or revised risk-based capital plan
in that state no later than the later of:

 
(1) Fifteen days after the receipt of notice to file a
copy of its risk-based capital plan or revised risk-
based capital plan with the state; or

 
(2) The date on which the risk-based capital plan or
revised risk-based capital plan is filed under section
6454, subsection 3 with the superintendent.

 
Sec. 28. 24-A MRSA §5454, sub-§1, ¶¶F, H and I, as enacted by PL 1993, c.
634, Pt. A, §1, are amended to read:


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