| C.__A member of an insurer's holding company system shall | comply fully and accurately with a request by the insurer to | provide it with information necessary to respond to an | examination request by the superintendent pursuant to this | section. |
|
| | Sec. 14. 24-A MRSA §222, sub-§§17 and 18, as enacted by PL 1975, c. 356, | §1, are amended to read: |
|
| | 17. Jurisdiction of courts; service of process. Any person | obtaining or attempting to obtain control of a domestic insurer | shall by such act is subject such person to the jurisdiction of | the courts of this State and to service of process in the manner | provided in this Title. Unless a valid appointment of an agent | for service of process is on file with the superintendent | pursuant to another provision of this Title, the person is deemed | to have appointed the superintendent as agent for service of | process, and service may be made in the same manner as provided | in section 2105. |
|
| | 18. Rules. The superintendent may, upon notice and | opportunity for all interested parties persons to be heard, issue | such adopt reasonable rules, regulations and orders as shall be | necessary to carry out and effectuate provisions of this section. |
|
| | Sec. 15. 24-A MRSA §226, sub-§§1 and 2, as amended by PL 1973, c. 585, | §12, are further amended to read: |
|
| | 1. The Within 60 days after completion of the examination, | the superintendent shall deliver a copy of the verified | examination report to the person examined, together with a notice | affording such that person 20 days or such an additional | reasonable period as the superintendent for good cause may allow, | within which to review the report and recommend changes therein | to the report. |
|
| | 2. If so requested by the person examined, within the period | allowed under subsection 1, or if deemed determined advisable by | the superintendent without such request, the superintendent shall | hold a hearing relative to the report and shall may not file the | report in the bureau until after such the hearing and his the | superintendent's order thereon on the report; except that the | superintendent may furnish a copy of the report to the Governor, | Attorney General or Treasurer of State pending final decision | thereon and, if such the copies are so furnished, they shall be | are deemed confidential information until the other requirements | of this section with regard to examination reports have been | satisfied. In lieu of convening a hearing, the superintendent | may reopen the examination or, if supported by the |
|
|