reglab/housing_qa huggingface dataset:
MA Gen L ch 175 § 30 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 30 - Applicability of Other Laws to Certain Domestic Companies; ''stockholder'' Defined

Section 30. (a) So far as pertinent and not in conflict with express provisions of this chapter, with other provisions of law relative to such companies or with their charters: (1) The general principles of law relative to the powers, duties and liabilities of corporations shall apply to all incorporated domestic companies. (2) The provisions of the Business Corporation Law, chapter one hundred and fifty-six B, excepting sections four, six, fourteen, fifteen, nineteen, twenty-three, twenty-five, thirty-eight, fifty-three, sixty-two through sixty-four, sixty-eight, sixty-nine, seventy-two, seventy-three, seventy-five, seventy-six and seventy-eight through one hundred and fourteen, shall be applicable to incorporated domestic stock companies. (3) Sections two, five, seven, nine through thirteen, sixteen, forty-nine, fifty-two, fifty-four through fifty-nine and sixty-seven of said chapter one hundred and fifty-six B shall be applicable to incorporated domestic mutual companies. (4) The provisions which may be stated in the articles of organization, in accordance with clause (1.5) of paragraph (b) of section thirteen of chapter one hundred and fifty-six B may, in lieu thereof, be included in a bylaw of an incorporated domestic mutual company, if such provisions are adopted by a two-thirds vote of those members present and voting at a meeting duly called for such purpose. The term ''stockholders'' and other terms of similar meaning where they appear in the aforesaid sections of chapter one hundred and fifty-six B shall, in the case of a mutual insurance company, mean the members thereof. (b) Except as provided in paragraph (a) the provisions of chapter one hundred and fifty-six B shall be applicable to incorporated domestic companies only as expressly provided in other sections of this chapter.
MA Gen L ch 175 § 31 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 31 - Continuation of Certain Domestic Companies

Section 31. Domestic companies incorporated by special acts, whose charters are subject to a limitation of time, shall, after such limitation expires, continue to be bodies corporate, subject to all general laws applicable to such companies.
MA Gen L ch 175 § 31a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 31a - Domestic Companies Formed by Special Acts; Extension of Territorial Limits

Section 31A. Domestic companies incorporated by special acts, whose charters grant authority to transact insurance within a limited or defined territory, may, notwithstanding such limitations, transact insurance anywhere outside the limits specified in the charter, subject to all general laws applicable to such companies.
MA Gen L ch 175 § 32 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 32 - Commencement of Domestic Company Business; Certificate; Conditions Precedent

Section 32. No domestic company shall make or issue any contracts or policies of insurance or annuity or pure endowment contracts until it has obtained from the commissioner a certificate, in such form as he may prescribe, stating that the company has complied with the conditions set forth in this section and all other provisions of law, and authorizing it to make or issue such policies or contracts. No such certificate shall be issued until the commissioner is satisfied, by such examination as he may make and such evidence as he may require, that the company has complied with the laws of the commonwealth, adopted a proper system of accounting, and employed a competent accountant, a competent claim manager and a competent and experienced underwriter, nor until the commissioner is satisfied, by such examination as he may make and by an affidavit filed with him as required under section four and by such other evidence as he may require, that the company is without liabilities, except such organization expenses as the commissioner shall approve as reasonable, and except, in the case of a stock company or a mutual company with a guaranty capital, its liabilities to stockholders for the amount paid in for shares of stock, nor, in the case of a life company, until he is satisfied, by such examination as he may make and such evidence as he may require, that the company has employed a competent and experienced actuary, and that its officers and directors are of good repute and competent to manage a life company; provided, that if the commissioner is of the opinion that the granting of such a certificate to any company would, in any case, be prejudicial to the public interest, he may in his discretion refuse to issue it.
MA Gen L ch 175 § 33 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 33 - Policies and Endorsements; Signatures; Facsimile

Section 33. All such policies or contracts issued by such company shall be signed by its secretary or an assistant secretary, or in their absence by a temporary secretary, and by its president or a vice-president, or in their absence by two directors. Riders or endorsements, other than riders or endorsements providing for any of the benefits specified in section twenty-four, attached to policies of life or endowment insurance and annuity or pure endowment contracts, and riders or endorsements attached to policies of accident and health insurance, may be signed by one of the aforesaid officers of the company. Riders or endorsements attached to any other policy or contract of insurance need not be signed by any officer of the company if signed by a duly authorized agent or representative of the company; provided, that the name of the company shall be printed, typed, written or stamped on each such rider and the number of the policy or contract to which it is to be attached is inserted therein. A facsimile of the signature of any such officer imprinted on any policy or contract or any rider or endorsement attached thereto, or a facsimile of the signature of any such agent or representative imprinted on any rider or endorsement which under this section he is authorized to sign, shall have the same validity as his written signature.
MA Gen L ch 175 § 34 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 34 - Home Office; Change of Address; Perjury

Section 34. The directors of such company may at any time, and from time to time, change the home office of the company; provided, that no such change shall be effective until a certificate of such change specifying the post office address of its new home office, signed under the penalties of perjury by the secretary or assistant secretary of the corporation, has been submitted to the commissioner and having been approved by him as conforming to the requirements of law with his approval endorsed thereon has been filed with the state secretary. If such company establishes agencies in other places, all signs, cards, pamphlets and advertisements exhibited or issued by it or its agents shall specify the city or town where the home office of the company is located.
MA Gen L ch 175 § 35 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 35 - Salaries of Officers, Trustees or Directors of Domestic Company; Authorization; Limitations

Section 35. No domestic company shall pay any salary or compensation to its five most highly compensated officers, trustees or directors or to any additional officers, trustees or directors whose salary or compensation exceeds $150,000, unless such payment is first authorized by a vote of its board of directors, trustees or a committee thereof. The payment of an amount not in excess of 12.5 per cent of any annual salary, compensation or emolument, or a larger percentage if approved by the commissioner, may by contract be deferred beyond three years. No company shall pay any pension except as provided in section 36.
MA Gen L ch 175 § 36 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 36 - Pension for Domestic Company Employees

Section 36. Any domestic company, when authorized so to do by a vote in each case of not less than a majority of its directors, at a meeting called for the purpose, recorded in the minutes of the board, may grant a pension to any employee who has been in the service of the company for ten years and who has reached age sixty-five or has become incapacitated for further service by reason of physical or mental disability resulting from sickness or injury; or to any employee retiring by reason of the infirmities of age who has been in the service of the company for not less than fifteen years. The length of service of ten years or fifteen years required by this section may include leave of absence granted by the company for any military service. Any such company may also establish or amend an employee's savings fund, pension system or association for the benefit of its employees. Such a fund, system or association may be an association described in sections thirty-nine, forty and forty-one of chapter thirty-two and subject thereto. Any domestic life company may also provide for the payment of pensions to its aged or disabled employees under a group contract issued by it. Such a company may insure the lives of its employees and directors under a group policy issued by it, which shall be subject to the provisions of sections one hundred and thirty-three to one hundred and thirty-six, inclusive, so far as applicable. The provisions of section ninety-four, relative to membership and voting rights in a domestic mutual life company, shall not apply to any person covered by or insured under any such contract or policy. The term ''employee'', as used in this section and in sections thirty-six A and thirty-six B, may include the officers, managers, agents and employees of subsidiary or affiliated corporations, and the individual proprietors, partners, agents and employees of affiliated individuals and firms, if the business of the domestic insurance company and of such subsidiary or affiliated corporations, firms or individuals is under common control through stock ownership, contract or otherwise.
MA Gen L ch 175 § 36a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 36a - Agents and Agency Employees; Retirement or Insurance Benefits

Section 36A. Any domestic life company or any domestic company transacting business solely under subdivisions (a) and (d) of clause sixth of section forty-seven may establish a plan for retirement or insurance benefits, or both, for agents, or any class or classes thereof as the company may determine, having a written contract with such company or with any agent thereof under which he solicits exclusively applications for policies of life or endowment insurance or annuity or pure endowment contracts or accident and health insurance issued by such company, and for the agency employees of any agent having such a contract; provided, that qualification requirements for such plans and the determination of the amounts of such retirement benefits shall be based exclusively upon the solicitation and sale of life or endowment insurance or annuity or pure endowment contracts or accident and health insurance for such company and shall not in any manner directly or indirectly be based upon the solicitation or sale of any other kind of insurance by said agent. Any such plan may provide for contributions by such agents and agency employees. The word ''agent'' as used in this section shall, in case any such contract is held by a partnership or corporation, include any member of such partnership or any officer of such corporation. Such retirement or insurance benefits may be provided for in a group annuity contract, a group life, or a general or blanket accident and health policy, or in a single group policy, issued by such company, if authorized to issue any such policy or contract, or by any other company so authorized, or in any other manner that the directors of such company may prescribe. If any such benefits are provided otherwise than by any such group policy, the company may in connection therewith establish special funds for the purpose of financing the payment of such benefits. The provisions of the last sentence of the third paragraph of section thirty-six shall apply to any person covered by or insured under any such group policy or contract issued by a domestic mutual life company. The provisions of section one hundred and thirty-two C shall apply to any retirement benefits granted under the authority of this section or section thirty-six. Section one hundred and thirty-five shall apply to any insurance benefits so granted.
MA Gen L ch 175 § 36b (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 36b - Health and Accident Insurance Companies; Employees Insurance Benefits

Section 36B. Any domestic company which is authorized to transact business under subdivisions (a) and (d) of clause Sixth of section forty-seven may establish a plan to provide such insurance benefits for its employees. Any such plan may provide for contributions by the employees. Such benefits may be provided in one or more general or blanket accident and health policies issued by such company, or with other benefits in one or more group life policies or group annuity contracts issued by such company, if authorized to issue any such policy or contract, or by any other company so authorized, or in any other manner that the directors of such company may prescribe. If any such benefits are provided otherwise than by any such general or blanket or group policies, the company may in connection therewith establish special funds for the purpose of financing such benefits. Section one hundred and ten A shall apply to any benefits granted under the authority of this section.
MA Gen L ch 175 § 37 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 37 - Vouchers for Disbursements

Section 37. No domestic company shall make any disbursements of twenty-five dollars or more, except disbursements on account of return premiums on cancelled policies, unless the same be evidenced by a voucher signed by or on behalf of the person receiving the money and correctly describing the consideration for the payment; and if the same be for services and disbursements, setting forth the services rendered and an itemized statement of the disbursements made; and if it be in connection with any matter pending before any legislature or public body, or before any department or officer of any government, correctly describing in addition the nature of the matter and of the interest of such company therein; or if such a voucher cannot be obtained, by an affidavit stating the reason for not obtaining such voucher, and setting forth the particulars above mentioned.
MA Gen L ch 175 § 37a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 37a - Relief Fund Contributions by Domestic Company; Charitable, Scientific or Educational Contributions

Section 37A. (a) Every domestic company may, by vote of its directors, contribute such sum or sums of money as said directors may determine to be reasonable to any fund being raised by a relief committee or agency approved by the commissioner of public welfare, as evidenced by a writing filed in his office, and formed for the purpose of raising money to be used for the betterment of social and economic conditions in any community in which such company is doing business. (b) Every domestic company may, by its articles of organization or by-laws or by a general or special vote of its stockholders or members, authorize its directors to make contributions, in such amounts as said directors may determine to be reasonable, to corporations, trusts, funds or foundations organized and operated exclusively for charitable, scientific or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual; provided, that in the case of a company having capital stock, contributions in any fiscal year shall not in the aggregate exceed one half of one per cent of its capital and surplus as of the end of the preceding fiscal year, unless contributions in excess of one half of one per cent of such capital and surplus shall be authorized by the stockholders of the company at a regular or special meeting, and, in the case of a company not having capital stock, contributions in any fiscal year shall not in the aggregate exceed one half of one per cent of the surplus of such company as of the end of the preceding fiscal year, unless contributions in excess of one half of one per cent of such surplus shall be authorized by the members of the company at a regular or special meeting. (c) Nothing in this section shall be construed as directly or indirectly restricting or otherwise affecting, except as herein provided, the rights and powers of any company with reference to payments of the nature above specified.
MA Gen L ch 175 § 45 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 45 - Unauthorized Agencies; Penalty

Section 45. No domestic company shall establish an agency or appoint an agent or other person to solicit, negotiate, continue or renew contracts of insurance on lives, property or interests in, or annuity or pure endowment contracts with residents of, a state, district or territory where such company has not been lawfully authorized to transact business, and no such company or officer or agent thereof shall pay or allow or offer to pay or allow compensation or anything of value to any such person for soliciting, negotiating, continuing or renewing such contracts. Whoever violates this section shall be punished by a fine of not less than three hundred dollars.
MA Gen L ch 175 § 46 (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 46 - Insolvent Domestic Companies; Preference of Claims for Unpaid Losses

Section 46. When any domestic company becomes insolvent, or is unable to pay in full its liabilities as set forth in sections ten, eleven and twelve, claims for unpaid losses under its policies, other than life or endowment policies or annuity or pure endowment contracts, shall, in the distribution of its assets, whether liquidation is effected by a receiver or otherwise, be deemed and treated as preferred over claims for return premiums on cancelled or unexpired policies. Nothing in this section shall impair the obligation now or hereafter imposed by law upon the officers of a mutual company, other than a life company, to make assessments on its members to pay its incurred losses and expenses.
MA Gen L ch 175 § 46a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 46a - Insolvent Domestic Workers' Compensation Insurer; Preference of Claims for Unpaid Losses Under Workers' Compensation Policies

Section 46A. Except as otherwise provided in section 180F, when any domestic company which has insured the payment of the compensation provided for by chapter one hundred and fifty-two becomes insolvent, or is unable to pay in full its liabilities as set forth in sections ten and twelve, unpaid losses under its workers' compensation policies shall, in the distribution of its assets, whether liquidation is effected by a receiver or otherwise, be deemed and treated as preferred over all claims except debts due the United States and debts or taxes due the commonwealth or any city or town thereof.
MA Gen L ch 175 § 46b (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 46b - By-Laws of Domestic Insurance Companies; Filings

Section 46B. Every domestic company incorporated after September first, nineteen hundred and twenty-three, shall, within thirty days after its incorporation, file with the commissioner a copy of its by-laws and amendments thereto, if any, certified under its corporate seal by its secretary, and every such company, whether existing on said date or incorporated thereafter, shall, within thirty days after the adoption of any amendment to its by-laws, file with the commissioner a copy of such amendment, certified as above provided.
MA Gen L ch 175 § 47a (2021)
2021 Massachusetts General Laws|Part I - Administration of the Government|Title XXII - Corporations|Chapter 175 - Insurance|Section 47a - Businesses in Which Domestic Insurance Company May Engage

Section 47A. A domestic insurance company may, notwithstanding any limitation otherwise applicable, and provided it maintains books and records which account for such business, engage directly in any of the following businesses: (a) rendering investment advice; (b) rendering services related to the functions involved in the operation of its insurance business including, but not limited to, actuarial, loss prevention, safety engineering, data processing, accounting, claims, appraisal and collection services; (c) acting as administrative agent for a government instrumentality which is performing an insurance function or is responsible for a health or welfare program; (d) any other business activity reasonably complementary or supplementary to its insurance business; either to the extent necessarily or properly incidental to the insurance business the insurer is authorized to do in this commonwealth or to the extent approved by the commissioner and subject to any limitations he may prescribe for the protection of the interests of the policyholders of the insurer after taking into account the effect of such business on the insurer's existing insurance business and its surplus, the proposed allocation of the estimated cost of such business and the risks inherent in such business as well as the relative advantages to the insurer and its policyholders of conducting such business directly instead of through a subsidiary; provided, however, the foregoing authorized direct businesses shall not include the business of acting in this commonwealth for another insurer as insurance agent, insurance broker, special insurance broker, or public insurance adjuster.