State Codes and Statutes
Statutes > Maine > Title24a > Title24-Ach41sec0 > Title24-Asec3022Title 24-A: MAINE INSURANCE CODE
Chapter 41: PROPERTY INSURANCE CONTRACTS
Subchapter 2: DEPOSIT NOTES
§3022. Lien continues on deceased's property; policy descends to estate
Upon the death of a member, the lien of the insurer remains good on the property insured to the amount due on the deposit note, and the policy descends to the executor or administrator of the deceased for the benefit of the estate during its continuance, unless voluntarily surrendered or forfeited by the charter of the insurer. [1969, c. 132, §1 (NEW).]
SECTION HISTORY
1969, c. 132, §1 (NEW).
