General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE XXII. CORPORATIONS |
CHAPTER 175D. MASSACHUSETTS INSURERS INSOLVENCY FUND |
SECTION 13. Rates and premiums for policies to which this chapter applies; sufficiency to recoup amounts paid to Fund
Latest version.
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The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup over a reasonable length of time a sum equal to the amounts paid to the Fund by the insurer less any amounts returned to the insurer by the Fund.