There is a newer version of the Massachusetts General Laws
2014 Massachusetts General Laws
PART I ADMINISTRATION OF THE GOVERNMENT
TITLE XXII CORPORATIONS
CHAPTER 175D MASSACHUSETTS INSURERS INSOLVENCY FUND
- Section 1 Definitions
- Section 2 Application of chapter
- Section 3 Massachusetts Insurers Insolvency Fund
- Section 4 Board of directors
- Section 5 Powers and duties of Fund
- Section 6 Plan of operation
- Section 7 Powers and duties of commissioner
- Section 8 Recovery of claims from Fund; assignment of policy rights; cooperation; liability of insolvent insurer’s receiver, et al.; settlements; periodic statements and estimates of claims
- Section 9 Exhaustion of policy insolvency provisions on covered claims; reduction of recovery on policy from amount payable under this chapter; multiple funds
- Section 10 Examination and regulation by commissioner
- Section 11 Exemption from fees and taxes
- Section 12 Return of excess assets to insurers in proportion to contributions to Fund
- Section 13 Rates and premiums for policies to which this chapter applies; sufficiency to recoup amounts paid to Fund
- Section 14 Liability for reports or recommendations by Fund
- Section 15 Stay of pending court proceedings involving insolvent insurer as party; defense by Fund
- Section 16 Termination of Fund by order of commissioner; federal statutory plan on insurer insolvency; distribution of assets
- Section 17 High net worth insureds; payment of claims; financial information
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