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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 175D MASSACHUSETTS INSURERS INSOLVENCY FUND
  5. Section 3 Massachusetts Insurers Insolvency Fund

Section 3

Section 3: Massachusetts Insurers Insolvency Fund

[ Text of section effective until April 9, 2025. For text effective April 9, 2025, see below.]

  Section 3. There is hereby created a nonprofit unincorporated legal entity to be known as the Massachusetts Insurers Insolvency Fund consisting of all insurers. The Fund shall perform its functions under a plan of operation established and approved under section six, and shall exercise its powers through a board of directors.

Chapter 175D: Section 3. Massachusetts Insurers Insolvency Fund

[ Text of section as amended by 2024, 389, Sec. 2 effective April 9, 2025. For text effective until April 9, 2025, see above.]

  Section 3. There is hereby created a nonprofit unincorporated legal entity to be known as the Massachusetts Insurers Insolvency Fund consisting of all insurers. The Fund shall perform its functions under a plan of operation established and approved under section 7, and shall exercise its powers through a board of directors.