LD 1168, Page 10 - 122th Legislature, FIRST REGULAR Session

level of payments must be established by the board.__

Assessments must be collected pursuant to the plan of

operation approved by the board and adopted pursuant to

section 3903, subsection 3.__In addition to the collection of

such assessments, the association shall collect an

organizational assessment or assessments from all insurers as

necessary to provide for expenses that have been incurred or

are estimated to be incurred prior to receipt of the first

calendar year assessments. Organizational assessments must be

equal in amount for all insurers but may not exceed a total of

$500 per insurer for all such assessments.__Assessments are

due and payable within 30 days of receipt of an assessment

notice by the insurer;

E.__Require that all policy forms issued by the association
conform to standard forms developed by the association.__The
forms must be approved by the superintendent and must comply
with this Title; and

F.__Develop and implement a program to publicize the
existence of the plan, the eligibility requirements for the
plan and the procedures for enrollment in the plan and to
maintain public awareness of the plan.

2.__Powers.__The association may:

A.__Exercise powers granted to insurers under the laws of
this State;

B.__Enter into contracts as necessary or proper to carry out
the provisions and purposes of this chapter and may, with
the approval of the superintendent, enter into contracts
with similar organizations in other states for the joint
performance of common administrative functions or with
persons or other organizations for the joint performance of
administrative functions;

C.__Sue or be sued and may take legal actions necessary or
proper to recover or collect assessments due the
association;

D.__Take legal actions necessary to avoid the payment of
improper claims against the association or the coverage
provided by or through the association, to recover any
amounts erroneously or improperly paid by the association,
to recover amounts paid by the association as a result of a
mistake of fact or law or to recover other amounts due the
association;

E.__Establish, and modify from time to time as appropriate,

Amendments	Public Hearings	Committee Information
Other Documents	Work Sessions	Title & Section

Status for LD 1168	Search Bill Text	Session Information
Bill Directory	Search Bill Status	Legislative Information
Download RTF (MS-Word)	Search Bill Status	Maine Legislature

Office of Legislative Information 100 State House Station Augusta, ME 04333		voice: (207) 287-1692 fax: (207) 287-1580 tty: (207) 287-6826
Word Viewer for Windows		Disclaimer