Section 26. (1) Records shall be kept of all negotiations and meetings in which the insolvency fund or its representatives are involved to discuss the activities of the insolvency fund in carrying out its powers and duties. Records of such negotiations or meetings shall be made public only upon the termination of a bankruptcy, liquidation, rehabilitation, or conservation proceeding involving the impaired or insolvent licensee, upon the termination of the impairment or insolvency of the licensee, or upon the order of a court of competent jurisdiction. Nothing in this section shall limit the duty of the insolvency fund to render a report of its activities under section twenty-seven.
(2) For the purposes of this chapter, the insolvency fund shall be deemed to be a creditor of the impaired or insolvent licensee to the extent of any amounts to which the association is entitled as subrogee. Assets of the impaired or insolvent licensee, wherever located, shall be used to pay all covered claims against the impaired or insolvent licensee as required.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title II - Executive and Administrative Officers of the Commonwealth
Chapter 21c - Massachusetts Hazardous Waste Management Act
Section 3 - Hazardous Waste Advisory Committee
Section 4 - Division of Hazardous Waste; Duties of Department
Section 5 - Collection, Transportation, Storage, etc., of Hazardous Waste; Prohibited Acts
Section 6 - Collection, Storage, etc., of Hazardous Waste at Generation Site; Regulations
Section 8 - Entry of Premises; Warrants; Enforcement of Law
Section 9 - Violations; Orders by Department
Section 10 - Violations; Presumption; Penalties; Jurisdiction
Section 11 - Adjudicatory Hearings; Judicial Review
Section 12 - Disclosure of Information
Section 14 - Property Subject to Seizure and Forfeiture
Section 15 - Definitions Applicable to Secs. 15 to 30
Section 20 - Subrogation and Contribution Rights of Insolvency Fund
Section 21 - Powers of Insolvency Fund
Section 23 - Plan of Operation of Insolvency Fund
Section 24 - Appeals; Judicial Review
Section 25 - Detection and Prevention of Licensee Insolvencies or Impairments
Section 26 - Records of Negotiations and Meetings; Insolvency Fund as Creditor
Section 27 - Examination and Regulation of Insolvency Fund; Reports