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January 12, 2026 Clouds | 34°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XXII CORPORATIONS
  4. Chapter 175 INSURANCE
  5. Section 101H Sound value

Section 101H

Section 101H: Sound value

Section 101H. In all cases involving actual cash value coverage, sound value shall be synonymous with actual cash value.