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7 sections in this chapter.
Mass. Gen. Laws ch. 175G, § 1 Definitions
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Section 1. As used in this chapter, the following words, unless the context otherwise requires, shall have the following meanings:— ''Cede'', to contractually transfer, pursuant to the provisions of this chapter, all or part of the financial responsibility for pollution liability…
Mass. Gen. Laws ch. 175G, § 2 Pollution Liability Reinsurance Corporation; creation; board of directors; board duties; reports and audits
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Section 2. For the purpose of assuming or ceding reinsurance of pollution liability insurance policies subject to the provisions of this chapter, there is hereby created a body politic and corporate to be known as the Pollution Liability Reinsurance Corporation. The Corporation i…
Mass. Gen. Laws ch. 175G, § 3 Powers of corporation
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Section 3. The Corporation shall have the following powers to: establish and amend a plan of operation subject to the approval of the commissioner; make, amend, and repeal by-laws, subject to the approval of the commissioner, for the management of its affairs; adopt an official s…
Mass. Gen. Laws ch. 175G, § 4 Proposed plan of operation for internal structure and management, and corporate procedures; contents; approval or disapproval
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Section 4. The Corporation shall submit to the commissioner of insurance for his approval a plan of operation addressing both the internal structure and management of the Corporation and the procedures by which the Corporation seeks to carry out the purposes of this chapter, incl…
