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Section 1 - Definitions - Section 1. As used in this chapter the following words...
Section 2 - Application of Chapter - Section 2. This chapter shall apply to all kinds of...
Section 3 - Massachusetts Insurers Insolvency Fund - Section 3. There is hereby created a nonprofit unincorporated legal...
Section 4 - Board of Directors - Section 4. The board of directors of the Fund shall...
Section 5 - Powers and Duties of Fund - Section 5. (1) The Fund shall: (a) be obligated to...
Section 6 - Plan of Operation - Section 6. (1) (a) The Fund shall, within ninety days...
Section 7 - Powers and Duties of Commissioner - Section 7. (1) The commissioner shall: (a) notify the Fund...
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 8. (1) Any person recovering under this chapter shall...
Section 9 - Exhaustion of Policy Insolvency Provisions on Covered Claims; Reduction of Recovery on Policy From Amount Payable Under This Chapter; Multiple Funds - Section 9. Any person having a claim against his insurer...
Section 10 - Examination and Regulation by Commissioner - Section 10. The Fund shall be deemed an insurer for...
Section 11 - Exemption From Fees and Taxes - Section 11. The Fund shall be exempt from payment of...
Section 12 - Return of Excess Assets to Insurers in Proportion to Contributions to Fund - Section 12. If, at the end of any calendar year,...
Section 13 - Rates and Premiums for Policies to Which This Chapter Applies; Sufficiency to Recoup Amounts Paid to Fund - Section 13. The rates and premiums charged for insurance policies...
Section 14 - Liability for Reports or Recommendations by Fund - Section 14. There shall be no liability on the part...
Section 15 - Stay of Pending Court Proceedings Involving Insolvent Insurer as Party; Defense by Fund - Section 15. All proceedings in which the insolvent insurer is...
Section 16 - Termination of Fund by Order of Commissioner; Federal Statutory Plan on Insurer Insolvency; Distribution of Assets - Section 16. The commissioner may by order terminate the operation...
Section 17 - High Net Worth Insureds; Payment of Claims; Financial Information - Section 17. (1) For purposes of this section ''high net...