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  • PART I ADMINISTRATION OF THE GOVERNMENT
  • TITLE XXII CORPORATIONS
  • CHAPTER 175 INSURANCE
  • Section 101G Reference of amount of loss or sound value of affected property under policy of fire insurance to referees; effect of appointment of receiver for domestic fire company

Section 101G. The appointment of a receiver for a domestic fire company, whether before or after any referees are chosen, selected or appointed under sections one hundred to one hundred and one E, inclusive, shall not affect the requirements of said sections, and the receiver shall be under the same duties and obligations and have the same rights and powers in relation to referees as are imposed and conferred by said sections upon the company. Any claim of a referee, whether chosen or appointed before or after the receiver’s appointment, for his compensation and expenses due from the company or the receiver shall be deemed and treated as preferred over claims for losses.