Section 7. The commissioner shall, by regulation, prescribe standards for proper accounting methods to be used by a fund. Said standards shall be consistent with customary accounting principles.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 175f - Medical Malpractice Self-Insurance Trust Funds
Section 3 - Application for Certification; Denial; Approval
Section 4 - Application of Chapter
Section 5 - Rights, Obligations and Responsibilities of Fund and Trustee
Section 6 - Annual Statement of Financial Condition; Penalty for Failure to File
Section 7 - Standards for Proper Accounting Methods to Be Used
Section 10 - Revocation or Suspension of Certification of Fund; Removal of Trustee
Section 12 - Trust Instrument Provisions
Section 13 - Merger or Consolidation of Funds
Section 14 - Legal Requirement of Insurance or Commercial Insurance
Section 15 - Liability of Fund
Section 16 - Fund Declared to Be Charitable and Benevolent Institution; Exemption From Taxes