reglab/housing_qa huggingface dataset:
MA Gen L ch 175 § 154 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 154 - Service of Process on Foreign Company; Duty of Commissioner; Fees

Section 154. When legal process is served upon the commissioner as attorney for a foreign company under the third clause of section one hundred and fifty-one, he shall forthwith forward by mail, postage prepaid, one of the duplicate copies of the process served on him, addressed to the company at its last home office address appearing on his records, or, in the case of a company of a foreign country, to its resident manager in the United States, addressed to him at the last address appearing on said records, or to such other person as may previously have been designated by the company by written notice filed in the office of the commissioner. As a condition of valid and effectual service and of the duty of the commissioner in the premises, there shall be paid to him, except as provided in section fourteen, at the time of service thereof the fee prescribed by said section, which the plaintiff shall recover as taxable costs if he prevails in his suit. The commissioner shall keep a record of all legal processes showing the day and hour of service.
MA Gen L ch 175 § 156 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 156 - Companies Formed Under Laws of Any Government or State Other Than the United States or One of the United States; Appointment of Trustees

Section 156. Any such company may appoint trustees, who are citizens or corporations of the United States and approved by the commissioner, to hold funds in trust for the benefit of its policyholders and creditors in the United States. Said trustees shall be named by the directors of the company, and a certified copy of the record of the appointment of such trustees and a duplicate original of the deed of trust on a form approved by him shall be filed with the commissioner, who may examine such trustees and the assets in trust and all books and papers relative thereto in the same manner as he may examine the officers, agents, assets and affairs of companies. The funds so held by such trustees, and all assets held by or for such company within the United States for the benefit of its policyholders and creditors in the United States, so far as the same are in securities, money or credits admissible as sound assets in the financial accounts of companies, shall, with its deposits made in accordance with the preceding section, constitute the assets of such company for the purpose of making its annual statements to the commissioner. Such company shall file with the annual statement required by section twenty-five a statement of the trustees executed as prescribed in the preceding section, in such form and detail as the commissioner requires, showing the funds held by them.
MA Gen L ch 175 § 156a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 156a - Cessation of Issuance of Policies or Making of Contracts by Foreign Company Upon Revocation or Suspension of License or Failure to Maintain Required Amounts of Capital or Assets

Section 156A. Every foreign company, other than a life company, whose capital stock or guaranty or deposit capital is reduced below the amounts required by section one hundred and fifty-one, one hundred and fifty-two or one hundred and fifty-five, or is impaired on the basis fixed by sections ten to twelve, inclusive, or whose net cash assets, computed on said basis, or whose contingent assets, required by said section one hundred and fifty-one or one hundred and fifty-two, become at any time from any cause less than the amounts required as aforesaid, and every foreign company whose license has been revoked or suspended as provided in section five, shall forthwith cease to issue policies and to make contracts of insurance in the commonwealth until such capital stock, guaranty or deposit capital or assets have been restored to the amounts required as aforesaid, or said license has been restored by the commissioner, as the case may be. Any company or any officer or agent thereof, issuing any policy or making any contract of insurance contrary to this section shall be punished by a fine of not less than one hundred nor more than one thousand dollars.
MA Gen L ch 175 § 158 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 158 - Effect of War Between United States and Foreign Country Upon Policies and Contracts Issued by Company Organized Under Laws of Such Foreign Company

Section 158. No policy of insurance and no annuity or pure endowment contract issued to a resident of the commonwealth by an authorized company organized under the laws of a foreign country shall be invalidated by war between such foreign country and the United States.
MA Gen L ch 175 § 159 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 159 - Retaliatory Taxes, Fines, Penalties, Etc.

Section 159. If by the laws of any other state any taxes, fines, penalties, licenses, fees, deposits or other obligations or prohibitions, additional to or in excess of those imposed by the laws of this commonwealth upon foreign companies and their agents, are imposed on domestic companies and their agents doing business in such state, like obligations and prohibitions shall be imposed upon all companies of such state and their agents doing business in this commonwealth so long as such laws remain in force.
MA Gen L ch 175 § 160a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 160a - Advertisement for or on Behalf of Unlicensed Foreign Company or Fraternal Benefit Society Prohibited

Section 160A. No person shall print or publish, or cause to be printed or published, in any newspaper, magazine, pamphlet or other periodical any advertisement for or on behalf of any foreign company or fraternal benefit society not licensed to transact business in this commonwealth, wherein such company or society solicits, or which is designed or intended to solicit or induce, residents of the commonwealth to take out policies of insurance, annuity or pure endowment contracts or benefit certificates issued or made by such company or society, or to act in any manner in the solicitation of applications for, or to negotiate or act or aid in the negotiation of, such policies, contracts or certificates, or to collect premiums thereon, and no person shall transmit or publish any such advertisement for or on behalf of any such company or society from any radio broadcasting station located in the commonwealth. Violation of this section shall be punished by a fine of not less than fifty nor more than five hundred dollars. This section shall not apply to newspapers, magazines, pamphlets or other periodicals printed or published outside the commonwealth.
MA Gen L ch 175 § 160b (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 160b - Publication of Notice by Commissioner of Unlicensed Foreign Company or Fraternal Benefit Society

Section 160B. The commissioner may, if it appears to him that any foreign company or fraternal benefit society not duly licensed to transact business in this commonwealth is issuing policies of insurance, annuity or pure endowment contracts or benefit certificates to residents thereof, or is seeking to induce such residents by advertisements printed, published or distributed therein through the mails or otherwise, or by any other means, to take out its policies, contracts or certificates, or to solicit or act in the solicitation of applications for, or to negotiate, effect or procure, or act or aid in the negotiation, effecting or procurement of, such policies, contracts or certificates or to collect premiums thereon, cause notice to be published in such manner and form as he may deem proper, setting forth the name of the company or society, the location, if known, of its home or principal office, the fact that such company or society is not licensed to transact business in the commonwealth and is not amenable to suit in the courts of this commonwealth to enforce claims under its policies, contracts or certificates, together with any other pertinent facts of which he may be cognizant or information that he may possess relative to the financial standing or stability, business policies, methods, operations, management or reliability of the company or society.
MA Gen L ch 175 § 160c (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 160c - Automobile Insurance; Company as Agent for Insurers Doing Business in Mexico; Separate Accounts; Payment of Percentage of Gross Premiums

Section 160C. Notwithstanding the provisions of sections one hundred and sixty and one hundred and sixty-three an insurance company authorized to write automobile liability and physical damage insurance in this commonwealth may act as agent for one or more insurers authorized to do business in Mexico, but only as respects automobile liability and physical damage insurance applying to the use of automobiles in Mexico by policyholders to whom it has issued such coverages in the United States.  Each company acting pursuant to this section shall keep a separate account of the business written under the authority of this section and shall annually, in January, file with the state treasurer a sworn statement of the gross premiums charged for such insurance and the gross return premiums on such insurance during the year ending on December thirty-first next preceding and, at the time of filing such statement, shall pay the commonwealth an amount equal to four per cent of such gross premiums less such return premiums so reported.
MA Gen L ch 175 § 160d (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 160d - Agent or Broker Securing Automobile Coverage With Mexican Companies; Separate Accounts; Payment of Percentage of Gross Premiums

Section 160D. Section one hundred and sixty shall not apply to a duly licensed insurance agent or broker who negotiates, continues or renews automobile insurance policies for residents of the United States in a Mexican insurance company providing liability or physical damage coverages applying to the use of automobiles in Mexico.  Each duly licensed insurance agent or broker acting pursuant to this section shall keep a separate account of the business written under the authority of this section and shall annually, in January, file with the state treasurer a sworn statement of the gross premiums charged for such insurance and the gross return premiums on such insurance during the year ending on December thirty-first next preceding, and, at the time of filing such statement, shall pay the commonwealth an amount equal to four per cent of such gross premiums less such return premiums so reported.
MA Gen L ch 175 § 161a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 161a - Definitions Applicable to Secs. 161a to 161e

Section 161A. In this section and in sections one hundred and sixty-one B to one hundred and sixty-one E, inclusive, the following words shall, unless the context requires otherwise, have the following meanings:—  ''Alien insurer'', any insurer incorporated or organized under the laws of any country or state other than the United States or one of the United States.  ''Domestication'', the reorganization of the United States branch of an alien insurer as the result of which a domestic insurer shall succeed to all the business and assets and assume all the liabilities of the United States branch of the alien insurer.  ''United States branch'', the business unit through which business is transacted within the United States by an alien insurer, and the assets and liabilities of such insurer within the United States pertaining to such business.  ''Domestic insurer'', a stock insurance company incorporated under the laws of the commonwealth.
MA Gen L ch 175 § 161b (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 161b - Domestication of United States Branch of Alien Insurer; Domestication Agreement

Section 161B. Any alien insurer now or hereafter licensed to do business in the commonwealth which owns beneficially, directly or indirectly, all of the outstanding capital stock of a domestic insurer may, with the prior written approval of the commissioner and subject to the final approval of the commissioner, domesticate its United States branch, if its principal office in the United States is located in the commonwealth, by entering into an agreement in writing with said domestic insurer providing for the acquisition by said domestic insurer of the business and assets of said United States branch and the assumption by said domestic insurer of all the liabilities of said United States branch for no consideration other than the assumption of such liabilities, except that the agreement may further provide for additional consideration payable by the issuance by the acquiring domestic insurer of shares of its capital stock. For the purposes of this section and sections one hundred and sixty-one C to one hundred and sixty-one E, inclusive, shares of capital stock of the acquiring domestic insurer or voting trust certificates representing said shares, which are held among the trusteed assets of the United States branch of the alien insurer or which are held in a trust created by the alien insurer and of which the alien insurer is a beneficiary, shall be deemed to be shares held beneficially, but indirectly, by an alien insurer. The acquisition of the assets and the assumption of liabilities of the United States branch by the domestic insurer shall be effected by filing with the commissioner an instrument of transfer and assumption which shall be in form satisfactory to the commissioner and shall be executed by the alien insurer and the domestic insurer. A domestic insurer may either be licensed to engage in the insurance business in the commonwealth prior to entering into such domestication agreement, or may, if the commissioner so approves, be licensed effective with the consummation of the domestication agreement. Nothing in this section or in sections one hundred and sixty-one C to one hundred and sixty-one E, inclusive, shall be construed to authorize any insurance company to do any kind of insurance business not authorized by its charter or to authorize any foreign or alien insurance company to do any kind of insurance business in the commonwealth not authorized by its license or certificate of authority to do business in the commonwealth.
MA Gen L ch 175 § 161c (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 161c - Approval of Domestication Agreement by Alien and Domestic Insurer

Section 161C. Said domestication agreement shall be authorized, adopted, approved, signed and acknowledged by the alien insurer in accordance with the laws of the country under which it is organized. In the case of a domestic insurer the domestication agreement shall be approved, adopted and authorized by its board of directors and executed by its president or any vice president and attested by its secretary or assistant secretary under its corporate seal.
MA Gen L ch 175 § 161d (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 161d - Approval of Domestication Agreement by Commissioner

Section 161D. An executed counterpart of the domestication agreement, together with certified copies of the corporate proceedings of the domestic insurer and the alien insurer, approving, adopting and authorizing the execution of said domestication agreement, shall be submitted to the commissioner for his approval. The commissioner shall thereupon consider said agreement and if he is satisfied that the same is in accordance with the provisions of sections one hundred and sixty-one B to one hundred and sixty-one E, inclusive, and if he finds that the interest of policyholders and creditors of the United States branch of the alien insurer are not materially adversely affected, he may approve such domestication agreement and authorize the consummation thereof in compliance with the provisions of section one hundred and sixty-one E.
MA Gen L ch 175 § 161e (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 161e - Domestication of United States Branch of Alien Insurer Effective Upon Filing of Instrument of Transfer and Assumption

Section 161E. Upon the filing with the commissioner of a certified copy of the instrument of transfer and assumption pursuant to which a domestic insurer succeeds to the business and assets of the United States branch of an alien insurer and assumes all its liabilities, as provided by sections one hundred and sixty-one B to one hundred and sixty-one D, inclusive, the domestication of the United States branch shall be deemed to be effective, and thereupon all the rights, franchises and interests of said United States branch in and to every species of property, real, personal and mixed, and things in action thereunto belonging shall be deemed as transferred to and vested in said domestic insurer and simultaneously therewith said domestic insurer shall be deemed to have assumed all of the liabilities of said United States branch; all deposits of the United States branch held by the state officers or other state regulatory agencies pursuant to requirements of state laws shall be deemed to be held as security that said domestic insurer will fully perform its assumption as direct liabilities of all the liabilities to policyholders and creditors within the United States of said United States branch and such deposits shall be deemed to be admitted assets of the domestic insurer and shall be reported as such in the annual financial statements and other reports which said domestic insurer may be required to file and upon the ultimate release by any said state officer or agency of any such deposits, the securities and cash constituting such released deposit shall be delivered and paid over to said domestic insurer as the lawful successor in interest to said United States branch; and contemporaneously with the consummation of the domestication of the United States branch, the state treasurer shall transfer to said domestic insurer the securities deposited by said United States branch in compliance with the provisions of sections one hundred and fifty-five and one hundred and eighty-five, and the commissioner shall consent that the trustee of the trusteed assets deposited by said United States branch in compliance with the provisions of said sections one hundred and fifty-five and one hundred and eighty-five shall withdraw from the trusteed assets all assets held by such trustee and transfer and deliver the same to said domestic insurer.
MA Gen L ch 175 § 162 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162 - Agent, Broker and Adjuster Defined; On-Premises and Off-Premise Solicitation of Negotiation of Policy of Insurance

Section 162. Solicitation or negotiation of policies of insurance that takes place off the premises of an insurance broker, agent or company shall be by a duly licensed broker or agent. Solicitation or negotiation of policies of insurance performed on the premises of an insurance broker, agent or company, may be done by an employee insofar as such solicitation or negotiation is under the immediate direction and general supervision of a duly licensed broker or agent. All binders of insurance and insurance policies shall be signed by a licensed individual or by such person acting under a power of attorney; provided, however, that the provisions of this paragraph shall apply only to the solicitation or negotiation of property or casualty policies of insurance.  Whoever, for compensation, not being an attorney at law acting in the usual course of his profession, directly or indirectly solicits from an insured or the representative of the insured, or performs services pursuant to an agreement, engagement or undertaking to represent the insured in connection with the assessment of damages, negotiation, settlement, appraisal or reference of a loss under a fire insurance policy, homeowners insurance policy, commercial multi-peril insurance policy, business interruption insurance policy, fidelity bond or crime insurance policy, inland or ocean marine insurance policy, or other property damage insurance coverage of any sort, shall be a public insurance adjuster.
MA Gen L ch 175 § 162b (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162b - Agents and Brokers; Power to Accept Installment Premiums

Section 162B. Insurance agents and brokers may accept payment of insurance premiums in installments to be evidenced by notes or other appropriate instruments running from the insured to the agent or broker; provided, however, that payment of insurance premiums in installments to be evidenced by notes or other appropriate instruments running from the insured to the agent or broker on contracts of insurance, which contracts are primarily for personal, family or household purposes, shall be made under rates, charges and regulations established after public hearing, as equitable and nondiscriminatory, by a board consisting of the attorney general, the insurance commissioner and the commissioner of banks or their respective designees.  For purposes of financing insurance premiums and the subsequent sale or other negotiation of any such note or instrument to a third party, insurance agents and brokers shall be considered to be sellers of insurance.
MA Gen L ch 175 § 162c (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 162c - Direct Billing; Mandatory Agreements Prohibited

Section 162C. No insurer issuing or delivering in the commonwealth either motor vehicle policies as defined in sections thirty-four A and thirty-four O of chapter ninety or homeowner insurance policies insuring individuals against risks of loss to personal dwellings or the contents thereof or the personal liability pertaining thereto, shall demand or make mandatory upon any agent licensed in the commonwealth any system of direct billing to the insured by the insurer with respect to such policies unless such system shall be approved, accepted and endorsed by any such agent in writing on a form prescribed by the commissioner.  No insurer issuing or delivering in the commonwealth either motor vehicle policies as defined in sections thirty-four A and thirty-four O of chapter ninety or homeowner insurance policies insuring individuals against risks of loss to personal dwellings or the contents thereof or the personal liability pertaining thereto shall, with respect to such policies, cancel an agent's book of business with such insurer in its entirety or in part following decision by said agent not to accept a direct billing proposal advanced by such insurer, if such cancellation is attributable to said decision not to accept a system of direct billing to the insured.