HOUSE DOCKET, NO. 3394 FILED ON: 1/16/2015
HOUSE . . . . . . . . . . . . . . . No. 853
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The Commonwealth of Massachusetts
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PRESENTED BY:
William C. Galvin
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to the domestic life insurance safety fund.
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PETITION OF:
Name: | District/Address: | Date Added: |
William C. Galvin | 6th Norfolk | 1/16/2015 |
HOUSE DOCKET, NO. 3394 FILED ON: 1/16/2015
HOUSE . . . . . . . . . . . . . . . No. 853
By Mr. Galvin of Canton, a petition (accompanied by bill, House, No. 853) of William C. Galvin for legislation to authorize domestic life companies to hold twenty percent from its surplus funds as a safety fund. Financial Services. |
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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An Act relative to the domestic life insurance safety fund.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Section 141 of Chapter 175 of the General Laws, as appearing in the 2012 Official Edition, is hereby amended by striking out, in line 4, the word “twelve;” and inserting in place thereof the following word:- twenty