HOUSE DOCKET, NO. 874        FILED ON: 1/13/2009

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1059

 

 

The Commonwealth of Massachusetts

 

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In the Year Two Thousand Nine

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An Act relative to structured settlements and reserves..

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. The first sentence of Section 120F of Chapter 175 of the General Laws is hereby amended by inserting at the end thereof the following:-  ; provided, however, that this section shall not apply to annuities issued to fund structured settlement agreements

SECTION 2. Sections 1-3 of Chapter 230 of the Acts of 2008 are hereby repealed.