§ 54D — Personal property floater

Section 54D. Any company authorized to transact the kinds of business specified in any of the first, second, fourth, sixth or twelfth clauses of section forty-seven may insure, by means of an all-risk type of policy commonly known as the personal property floater, against any and all kinds of loss of or damage to, or loss of use of, any individual's personal property other than merchandise.