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  • Acts
  • 1998
  • Chapter 432 AN ACT RELATIVE TO GROUP MARKETING PLANS FOR AUTOMOBILE AND HOMEOWNERS INSURANCE.

Whereas , The deferred operation of this act would tend to defeat its purpose, which is to waive forthwith the participation requirement for group marketing plans for calendar year 1999, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.


Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:


A group marketing plan approved and in effect, pursuant to section 193R of chapter 175 of the General Laws, during calendar year 1998 may be approved upon renewal, notwithstanding that less than 35 per cent of the members of such plan are insured during calendar year 1999.

Approved December 24, 1998.