Section 97 of Chapter 175 of the General Laws, as appearing in the 2012 Official Edition, is hereby amended by inserting at the end thereof the following:-
Notwithstanding any provision in this chapter to the contrary, no such mortgagee or mortgagees shall be entitled to payment of a claim for a loss or covered real estate which equals less than ten thousand dollars, and for which such mortgagee or mortgagees are otherwise entitled to payment.
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