Massachusetts General Laws
Chapter 255c - Insurance Premium Finance Agencies
Section 23 - Truth-in-Lending Act; Application

Section 23. A transaction subject to the provisions of this chapter shall also be subject to the provisions of chapter one hundred and forty D and a premium finance agency subject to the provisions of this chapter shall be subject to the provisions of said chapter one hundred and forty D and in the event of a conflict between the provisions of this chapter and said chapter one hundred and forty D, the provisions of said chapter one hundred and forty D shall control.

Structure Massachusetts General Laws

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 1 - Definitions

Section 2 - Necessity of License

Section 3 - Application for License; Issuance or Refusal of License; Fees; Duration of License; Multi-State Licensing System

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 6 - Rules and Regulations; Examination of Business Records; Confidential Communications; Annual Report

Section 8 - Witnesses; Summoning; Examination; Fees

Section 9 - Penalties

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 14a - Group Credit Life or Accident and Health or Involuntary Unemployment Insurance Charges; Prepayment; Refunds; Death Benefits; Disclosure Statements; Violations

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

Section 21 - Cancellation of Insurance Contract; Refund of Finance Charges; Deficiency; Notice of Cancellation

Section 22 - Scope and Application of Chapter

Section 23 - Truth-in-Lending Act; Application