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December 21, 2024 Clouds | 28°F
The 193rd 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 177K Acts of managing general agent considered acts of insurer; examination by commissioner

Section 177K

Section 177K: Acts of managing general agent considered acts of insurer; examination by commissioner

Section 177K. The acts of the managing general agent are considered to be the acts of the insurer on whose behalf it is acting. A managing general agent may be examined by the commissioner as if it were the insurer.