There is a newer version of the Massachusetts General Laws
2006 Massachusetts Code - CHAPTER 255C. — INSURANCE PREMIUM FINANCE AGENCIES.
- Section 1. Definitions.
- Section 2. Insurance premium finance agencies; necessity of license.
- Section 3. Application for license; issuance or refusal of license; fees; duration oflicense.
- Section 4. Name and address of licensee; posting of license; change of location.
- Section 5. Revocation or suspension of license; grounds; surrender of license; effect.
- Section 6. Investigation of violations; confidential nature of reports,etc.
- Section 7. Repealed — 1996, 118, Sec. 4.
- Section 8. Witnesses; summoning; examination; fees.
- Section 9. Penalties.
- Section 10. Repealed — 1996, 118, Sec. 5.
- Section 11. License fees of agents or brokers; basis; application; subsidiaries.
- Section 12. Rebates; prohibition; effect of filing of premium finance agreement.
- Section 13. Form of agreement.
- Section 14. Excessive charges.
- Section 14A. Group credit life or accident and health orinvoluntary unemployment insurance charges; prepayment; refunds;death benefits; disclosure statements; violations.
- Section 15. Delinquency — collection and cancellation charges.
- Section 16. Prohibited provisions in agreements.
- Section 17. Payment in absence of notice of assignment.
- Section 18. Statement of payments and unpaid amounts; full payment by insured.
- Section 19. Payment in full before maturity; refund.
- Section 20. Extensions or deferments.
- Section 21. Cancellation of insurance contract; refund of financecharges; deficiency; notice of cancellation.
- Section 22. Scope and application of chapter.
- Section 23. Truth-in-lending act; application.
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