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2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 175d - Massachusetts Insurers Insolvency Fund
Section 12 - Return of Excess Assets to Insurers in Proportion to Contributions to Fund
Universal Citation: MA Gen L ch 175d § 12 (2019)
Section 12. If, at the end of any calendar year, the board of directors finds that the assets of the Fund exceed the liabilities of the Fund as estimated by the board of directors for the coming year, the board may order that the amount by which the assets of the fund exceed the liabilities shall be returned to the insurers in proportion to the contribution of each insurer to the Fund.
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