§ 1 Definitions
§ 2 Applicability
§ 3 Administrative supervision by commissioner
§ 4 Authority of administrative supervisor
§ 5 Extension or release from supervision
§ 6 Confidentiality of proceedings and records
§ 7 Judicial review
§ 8 Rehabilitation or liquidation proceedings
§ 9 Rules and regulations
§ 10 Meetings of commissioner and supervisor
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Terms Used In Massachusetts General Laws > Chapter 175J - Administrative Supervision and Hazardous Financial Conditions of Insurities

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.