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January 09, 2026 Clouds | 48°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 175F MEDICAL MALPRACTICE SELF–INSURANCE TRUST FUNDS
  5. Section 7 Standards for proper accounting methods to be used

Section 7

Section 7: Standards for proper accounting methods to be used

Section 7. The commissioner shall, by regulation, prescribe standards for proper accounting methods to be used by a fund. Said standards shall be consistent with customary accounting principles.