Massachusetts General Laws ch. 176A sec. 4 – Accounting system; accountant, claim manager, underwriter and actuary
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Section 4. Every non-profit hospital service corporation shall use a proper system of accounting, and employ either full time, or on a consulting basis, a competent accountant, a competent claim manager, a competent and experienced underwriter, and a competent and experienced actuary.
Terms Used In Massachusetts General Laws ch. 176A sec. 4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.