There is a newer version of the Massachusetts General Laws
2010 Massachusetts Code
PART I ADMINISTRATION OF THE GOVERNMENT
TITLE XXII CORPORATIONS
CHAPTER 178A SAVINGS BANK LIFE INSURANCE
- Section 1 Definitions
- Section 2 Savings bank life insurance company; establishment; powers and duties
- Section 3 Directors; liability
- Section 4 Plan for ownership and operation of insurance departments; issuance and ownership of stock; agent or broker licenses
- Section 5 Assumption of policies and contracts; distribution of surplus as dividends
- Section 6 Plan of assumption; hearing; notice; issuance of certificate; costs and expenses
- Section 7 Assumption of assets; cessation of operations; pending actions; discrimination
- Section 8 Abolishment of savings bank life insurance offices, council and general insurance guaranty fund; continuance of operations; costs
- Section 9 Policyholders protective board; membership; powers and duties; review of operations; compensation
- Section 10 Distribution of dividends; report; approval or veto; review
- Section 11 Insurance contract actions; venue; limitation
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