reglab/housing_qa huggingface dataset:
MA Gen L ch 175 § 134a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 134a - Conversion From Group Life Insurance Policy to Another Type of Life Policy; Right of Certificate-Holder; Notice

Section 134A. If any individual insured under a group life insurance policy hereafter issued becomes entitled under the terms of such policy to convert to another type of life insurance within a specified time after the happening of an event, such certificate-holder shall be notified of such privilege and its duration within fifteen days after the happening of the event; provided, that if such notice be given more than fifteen days, but less than ninety days after the happening of such event, the time allowed for the exercise of such privilege of conversion shall be extended for fifteen days after the giving of such notice. If such notice be not given within ninety days after the happening of the event, the time allowed for the exercise of such conversion privilege shall expire at the end of such ninety days. Written notice by the employer given to the certificate-holder or mailed to the certificate-holder at his last known address, or written notice by the insurer mailed to the certificate-holder at the last address furnished to the insurer by the employer, shall be deemed full compliance with the provisions of this subdivision for the giving of notice.
MA Gen L ch 175 § 134c (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 134c - Group Life Policies; Assignment of Incidents of Ownership

Section 134C. Subject to the terms of the policy relating to assignment of incidents of ownership thereunder, a person whose life is insured under a policy of group life insurance may assign any or all incidents of ownership granted him under such policy or under any provision of this chapter, including but not limited to any right to designate a beneficiary, to have an individual policy issued to him and to pay premiums.
MA Gen L ch 175 § 135 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 135 - Group Life Policies; Exemption From Attachment; Exception

Section 135. No such policy, or the proceeds thereof when paid to any employee or employees thereunder, or to their beneficiaries, shall be liable to attachment, trustee process or other process, or to be seized, taken, appropriated or applied by any legal or equitable process or operation of law to pay any debt or liabilities of such employee or his beneficiary or any other person having right thereunder either before or after payment; nor shall the proceeds thereof, when not made payable to any beneficiary, constitute a part of the estate of the employee for the payment of his debts.  Nothing in this section shall prevent an employee's benefits from being attached, seized, taken, appropriated, assigned, or applied by any legal or equitable process or operation of law to satisfy a support order under chapter two hundred and eight, two hundred and nine, or two hundred and seventy-three.
MA Gen L ch 175 § 136 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 136 - Group Life Policies; Exemption From Loan Provision

Section 136. Such policies shall be exempt from any loan provision or requirement. Any equity of the insured in a group life insurance policy at the time of default in the payment of a premium, whether that equity exists by reason of the terms of the policy or by law, shall be applied to purchase extended or paid-up insurance for each of the insured at attained age on the basis of the mortality table and rate of interest used in computing the premium for the group.
MA Gen L ch 175 § 137 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 137 - Group Policies; Members

Section 137. Under any group policy issued by a domestic mutual life company, the employer only shall be a member of the company, and entitled to one vote by virtue of such policy at the meetings of the company.
MA Gen L ch 175 § 138 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 138 - Application of Chapter to Secs. 133 to 137

Section 138. So much of this chapter as is inconsistent with sections one hundred and thirty-three to one hundred and thirty-seven, inclusive, shall not apply to policies issued under said sections.
MA Gen L ch 175 § 138a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 138a - Group Life Policies; Pay-Roll Deductions of State and Local Employees

Section 138A. Deductions on pay-roll schedules may be made from the salary of any state, county or municipal employee of any amount which such employee may specify in writing to any state, county or municipal officer, or the head of the state, county, or municipal department, board or commission, by whom or which he is employed, for the payment of premiums on a group life policy issued under section one hundred and thirty-three to an association of state, county or municipal employees and insuring such employee as a member thereof. Any such authorization may be withdrawn by the employee by giving at least sixty days' notice in writing of such withdrawal to the state, county or municipal officer, or the head of the state, county or municipal department, board or commission, by whom or which he is then employed and by filing a copy thereof with the treasurer of the association.  The state treasurer, the common paymaster, as defined in said section one hundred and thirty-three, or the treasurer of the county or municipality by which such employee is employed, shall deduct from the salary of such employee such amount of insurance premiums as may be certified to him on the pay-roll, and transmit the sum so deducted to the treasurer of said association for transmittal to the company, which issued the policy; provided, that the state treasurer, the state comptroller or the county or municipal treasurer, as the case may be, is satisfied by such evidence as he may require that the treasurer of such association has given to said association a bond, in a form approved by the commissioner, for the faithful performance of his duties, in a sum and with such surety or sureties as are satisfactory to the state treasurer or comptroller or county or municipal treasurer.
MA Gen L ch 175 § 139 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 139 - Conversion, Alteration or Exchange of Life or Endowment Insurance or Annuity Contracts

Section 139. Any life company may, at the request of the holder thereof, exchange, alter or convert any policy of life or endowment insurance or annuity contract issued by it or a company that is admitted and authorized under this chapter and is an affiliate of it, as defined in section two hundred and six, hereinafter called the original policy, for or into any policy of life or endowment insurance, hereinafter called the rewritten policy, as of the date of the most recently issued original policy or as of the current date, or as of any intermediate date, conforming with the laws in force as of the date of issue which the rewritten policy bears; provided, that, if the rewritten policy bears a date prior to the date of application for exchange, alteration or conversion, the amount of insurance under the rewritten policy shall not exceed the greater of (a) the amount of insurance under the original policy or policies if of life or endowment insurance, or (b) the amount of insurance which the premium paid for the original policy or policies would have purchased if the rewritten policy had been originally issued as of the date of issue it bears. Nothing in section one hundred and twenty shall be construed to prohibit the exchange, alteration or conversion of a policy of life or endowment insurance or annuity contract under this section, and sections one hundred and twenty-three and one hundred and thirty shall not apply to a rewritten policy issued under the authority of this section, except that section one hundred and twenty-three shall apply if the original policy is an annuity contract. Nothing in section one hundred and thirty-one or section one hundred and thirty-two shall be construed to prohibit making the application for the original policy, if one of life or endowment insurance, or the application for the rewritten policy issued under authority of this section, or both such applications, a part of the rewritten policy, by endorsing thereon or attaching thereto a copy of either or both such applications. Nothing in said section one hundred and thirty-two shall be construed to prohibit the incorporation, by a rider or endorsement or otherwise, in a rewritten policy issued under authority of this section and bearing a then current date or an intermediate date of a stipulation making the incontestable provision required by said section one hundred and thirty-two operative from the date of issue of the most recently issued original policy, if one of life or endowment insurance.
MA Gen L ch 175 § 141 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 141 - Safety Fund

Section 141. Any domestic life company may from its surplus funds or profits attributable to its participating business accumulate and hold, or hold if already accumulated, as a safety fund, an amount not in excess of 20 per cent of its reserve for such business or one hundred thousand dollars, whichever is greater, and, in addition thereto, any surplus that may have been contributed by the holders of the guaranty stock of the company, or which has been accumulated for the retirement of said guaranty stock and the margin of the market value of its securities over their book value, provided that in cases where the existing surplus or safety fund, exclusive of all accumulations held on account of existing deferred dividend policies, exceeds the limit above designated, the company shall be entitled to retain said surplus or safety fund, but shall not be entitled to add thereto so long as it exceeds said limit, and provided that for cause shown, the commissioner may at any time and from time to time permit any company to accumulate and maintain a safety fund in excess of the limit above mentioned, for such period as the commissioner may prescribe in any one permission, by filing in his office his reasons therefor and causing the same to be published in his next annual report. This safety fund shall be in addition to any safety fund accumulated from a mutual domestic life company's surplus funds attributable to its nonparticipating business, which funds may be appointed equitably, in the discretion of the company, as part of any annual dividend on participating business.  This section shall not apply to any company issuing only nonparticipating policies.
MA Gen L ch 175 § 143 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 143 - Applicability of Forfeiture Laws to Policies of Life Insurance and Deferred Annuity Contracts

Section 143. All policies of life insurance and deferred annuity contracts shall be subject to the laws limiting forfeiture applicable and in force at the date of their issue.
MA Gen L ch 175 § 145 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 145 - Cash Surrender Value of Policies of Industrial Life Insurance

Section 145. On policies of industrial insurance issued on or before December thirty-first, nineteen hundred and eleven, by a domestic life company on which premiums are paid weekly and are not more than fifty cents each, the surrender value shall in all cases be payable in cash, which shall be a legal claim for not more than two years from the date of lapse, and be payable within sixty days after the demand therefor. Within ninety days after the lapse of any policy which has a surrender value and upon which a settlement has not been made, the company shall send a notice thereof to the last known address of the holder of said policy, which shall state the amount of the surrender value of said policy. The affidavit of any officer, clerk or agent of the company, or any one authorized to mail such notice, that the notice required herein has been duly mailed by the company, shall be prima facie evidence that such notice was duly given.
MA Gen L ch 175 § 146 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 146 - Policies of Industrial Life Insurance; Applicability of Sec. 144

Section 146. The provisions of section one hundred and forty-four shall, except as hereinafter provided, apply to any policy of industrial life insurance issued or delivered in the commonwealth by any life company.  The provisions of said section one hundred and forty-four relative to cash surrender values shall be applicable to industrial life insurance policies only after the premiums thereon have been paid for five full years.  All adjusted premiums for and the present values of any such policy issued on a standard basis prior to January first, nineteen hundred and sixty-eight shall be computed on the basis of the ''1941 Standard Industrial Mortality Table''. In the case of such policies issued on or after January first, nineteen hundred and sixty-eight, all such adjusted premiums and present values shall be computed on the basis of the ''Commissioners 1961 Standard Industrial Mortality Table'', and in computing the present value of any extended term insurance with accompanying pure endowment, if any, the rates of mortality assumed may be not more than those shown in the ''Commissioners 1961 Industrial Extended Term Insurance Table''.
MA Gen L ch 175 § 146a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 146a - Default in Payment of Premium on Policy of Industrial Life Insurance; Notice of Non-Forfeiture Benefit

Section 146A. In case of any default in the payment of a premium on any policy of industrial life insurance issued or delivered in the commonwealth by any life company occurring after premiums have been paid thereon for three full years, the company, within six months from the due date of the defaulted premium, shall send by mail to the holder thereof, at his last known address, a notice setting forth any non-forfeiture benefit, other than one elected by the holder, in force under such policy when the notice is mailed. An affidavit of any officer, clerk or agent of the company, or anyone authorized by the company to mail the notice required by this section, that such a notice has been duly mailed on behalf of the company shall be prima facie evidence that such notice was duly mailed. The provisions of this section shall not apply to such a policy on the life of a person who, on the due date of the defaulted premium, is not a resident of the commonwealth, unless the premium on the policy prior to the defaulted premium was paid within the commonwealth to the insurer or its agent.
MA Gen L ch 175 § 149 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 149 - Participating and Nonparticipating Policies of Life, Endowment and Accident and Sickness Insurance and Annuity and Pure Endowment Contracts

Section 149. A domestic life company is authorized to issue both participating and nonparticipating policies of life, endowment and accident and sickness insurance, and annuity and pure endowment contracts, but no such company shall issue any such participating policies or contracts which do not by their terms give to the holders thereof full right to participate in the accumulations of said company attributable to such business as provided in section one hundred and forty.  Every domestic mutual and stock life company issuing both participating and nonparticipating policies or contracts shall file with the commissioner each year together with its annual statement for the year a separate calculation of its annual analysis of operations by line of business.  A domestic life company issuing policies or contracts on the nonparticipating plan may provide therein that, in addition to the rate of interest guaranteed by the company to be paid on deferred payments of the proceeds, excess interest may be paid thereon at such rate as the company may annually declare; and the inclusion in any nonparticipating policy or contract of such provision shall not be construed to make the policy or contract participating.  The provisions of sections ninety-four, one hundred and ten, one hundred and thirty-two D and one hundred and thirty-seven relative to membership and voting rights shall not apply to nonparticipating policies and contracts issued by a domestic mutual life company under this section, unless the domestic mutual life company elects to provide membership and voting rights in the policy or contract.  The provisions of this section shall not apply to policies of reinsurance.
MA Gen L ch 175 § 149a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 149a - Unclaimed Funds; Definitions

Section 149A. ''Unclaimed funds'' within the meaning of this section and sections one hundred and forty-nine B to one hundred and forty-nine D, inclusive, shall mean and include all monies held and owing by any life insurance company doing business in this commonwealth which shall have remained unclaimed and unpaid for seven years or more after it is established from the records of such company that such monies became due and payable under any life or endowment insurance policy or annuity contract which has matured or terminated and which monies are payable to a person whose last known address is within this commonwealth, provided, that if a person other than the insured or annuitant be entitled to such funds and no address of such person be known to such company or if it be not definite and certain from the records of such company what person is entitled to such funds, then in either event it shall be presumed for the purposes of this section that the last known address of the person entitled to such funds is the same as the last known address of the insured or annuitant according to the records of such company. A life insurance policy not matured by actual proof of the prior death of the insured shall be deemed to be matured and the proceeds thereof shall be deemed to be ''due and payable'' within the meaning of this section if such policy is in force when the insured shall have attained the limiting age under the mortality table on which the reserve is based. Monies otherwise admittedly due and payable shall be deemed to be ''held and owing'' within the meaning of this section although the policy or contract shall not have been surrendered as required. This section shall not apply to amounts which have been paid to another state or jurisdiction prior to its effective date.
MA Gen L ch 175 § 149b (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 149b - Unclaimed Funds; Reports by Companies

Section 149B. In addition to all other reports required by law, every life company shall, on or before the first day of April of each year, make a report in writing to the state treasurer of all unclaimed funds as defined in section one hundred and forty-nine A held or owing by it on the thirty-first day of December next preceding. The state treasurer may, for cause shown, extend the filing date of said report, for not more than sixty days beyond April first in said year. Such report shall be signed and sworn to by an officer of such insurer and shall set forth with respect to each policy under which such unclaimed funds are due, owing and payable (1) in alphabetical order, the full name of the insured, his last post office address, his policy number and his policy age; (2) the amount of unclaimed funds due, owing and payable under the policy; (3) the full name of each beneficiary named in the policy or appearing in the records of the insurer and the last known address of such beneficiary; and (4) the date on which such unclaimed funds became payable.
MA Gen L ch 175 § 149c (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 149c - Unclaimed Funds; Payment to State Treasurer

Section 149C. On or before the first day of September in each year, each life company shall pay over to the state treasurer all unclaimed funds set forth in the report required by section one hundred and forty-nine B, excepting any funds which since the date of such report have ceased to be unclaimed. Each such payment shall be accompanied by a duplicate of the report made under section one hundred and forty-nine B, together with a statement with respect to any funds which since the date of such report have ceased to be unclaimed.
MA Gen L ch 175 § 149d (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 149d - Unclaimed Funds; Custody; Claims; Proceedings; Judgment and Satisfaction

Section 149D. Upon the payment of such unclaimed funds to the state treasurer, the commonwealth shall assume, for the benefit of those entitled to receive the same and for the safety of the moneys so paid, the custody of such unclaimed funds, and the insurer making such payment shall immediately and thereafter be relieved of and held harmless by the commonwealth from any and all liability for any claim or claims which exist at such time with reference to such unclaimed funds or which may thereafter be made or may come into existence on account of or in respect to any such unclaimed funds. All money paid into the state treasury shall be credited to the General Fund. Any person may, however, establish his claim for money paid to the state treasurer under the provisions of sections one hundred and forty-nine A to one hundred and forty-nine D, inclusive, and any claim so established to the satisfaction of the attorney general shall be paid from funds appropriated for the purpose. In the event legal proceedings are instituted against the insurance company by another state with respect to the unclaimed funds paid to the state treasurer, the insurance company shall notify the attorney general of the commonwealth of such proceedings and the attorney general may, in his discretion, intervene therein. If after the insurance company has actively defended, a judgment in such proceedings is entered against the insurance company for any amount paid to the state treasurer hereunder, the state treasurer shall, upon being furnished with proof of payment in satisfaction of said judgment, immediately reimburse the insurance company the amount so paid to the state treasurer.