Massachusetts Statutes

§ 8 — Claims reserve

Massachusetts § 8
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title XXIICORPORATIONS
Ch. 175FMEDICAL MALPRACTICE SELF–INSURANCE TRUST FUNDS

This text of Massachusetts § 8 (Claims reserve) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mass. Gen. Laws ch. 175F, § 8 (2026).

Text

Section 8. A fund organized under this chapter shall, before it shall be certified pursuant to section three, satisfy the commissioner in its application that a claims reserve exists in accordance with this section. Such claims reserve shall be maintained at a level prescribed by an actuary or by a reasonable substitute for an actuary, which level shall exceed four hundred thousand dollars or some other reasonable minimum to be established by the commissioner by regulation. In establishing this minimum, the commissioner shall consider other legal obligations which might be required of the fund by other governmental units, in order to avoid unnecessary and duplicative or conflicting requirements.

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Bluebook (online)
Massachusetts § 8, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/175F/8.