General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE XXII. CORPORATIONS |
CHAPTER 175. INSURANCE |
SECTION 68. Unauthorized investments; disposition
Latest version.
-
All property held by any domestic company the investment in or loan on which by such company is prohibited by this chapter shall be sold and disposed of forthwith unless the time be extended by the commissioner in the manner provided in section sixty-six or has been so extended.