Section 17. Unless the insured has notice of actual or intended assignment of a premium finance agreement, payment thereunder by him to the last known holder of the agreement shall be binding upon all subsequent holders or assignees.
Structure Massachusetts General Laws
Part III - Courts, Judicial Officers and Proceedings in Civil Cases
Title IV - Certain Writs and Proceedings in Special Cases
Chapter 255c - Insurance Premium Finance Agencies
Section 2 - Necessity of License
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 8 - Witnesses; Summoning; Examination; Fees
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 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