Massachusetts Statutes

§ 171 — Illegal insurance contracts; liability of agent

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 175 INSURANCE

Section 171. An insurance agent shall be personally liable on all contracts of insurance unlawfully made by or through him, directly or indirectly, for or in behalf of any company not authorized to do business in the commonwealth.

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Nearby Sections

15

§ 17

Annual report to the general court

§ 170

Agent or broker; procurement of payment of premium by fraud; penalty

§ 171

Illegal insurance contracts; liability of agent

§ 172

Adjusters of fire losses; licensing; penalty; examination for applicants

§ 172A

Voluntary association licenses

§ 173

Partnership licenses

§ 174

Corporation licenses

§ 174A

Hearings, revocation or suspension of licenses; notices

§ 174B

Revoked licenses; surrender; renewal certificates; penalty

§ 174F

Business Transacted With Broker–Controlled Insurer Act

§ 174G

Definitions applicable to Secs. 174F to 174K

§ 174H

Applicability of Secs. 174F to 174K

§ 174I

Written contract between controlling broker and insurer required

§ 174J

Notice to prospective insured disclosing broker-controlled insurer relationships

§ 174K

Violations of Secs. 174F to 174K; remedies

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