Massachusetts General Laws ch. 176B sec. 19 – Payment of sums owed subscriber’s estate
Current as of: 2024 | Check for updates
|
Other versions
Section 19. A medical service corporation which, upon the death of a subscriber, owes the subscriber’s estate an aggregate sum not exceeding two thousand dollars under any medical service agreement, may, at any time not less than sixty days after the subscriber’s death, pay such sum to the husband, wife and next of kin of the subscriber and any such payment made in good faith shall fully discharge the corporation to the extent thereof; provided, however, that this section shall not apply if, prior to the time of such payment, the corporation has received a written claim under the subscriber’s medical service agreement from any executor, administrator, or special administrator of the subscriber’s estate.
Terms Used In Massachusetts General Laws ch. 176B sec. 19
- 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.
- Executor: A male person named in a will to carry out the decedent