Section 8. Nothing contained in this chapter shall preclude the commissioner from initiating judicial proceedings to place an insurer in rehabilitation or liquidation proceedings or other delinquency proceedings, however designated under the General Laws, regardless of whether the commissioner has previously initiated administrative supervision proceedings against the insurer.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 175j - Administrative Supervision and Hazardous Financial Conditions of Insurities
Section 3 - Administrative Supervision by Commissioner
Section 4 - Authority of Administrative Supervisor
Section 5 - Extension or Release From Supervision
Section 6 - Confidentiality of Proceedings and Records
Section 8 - Rehabilitation or Liquidation Proceedings