Massachusetts Statutes
§ 5 — Extension or release from supervision
Massachusetts § 5
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title XXIICORPORATIONS
Ch. 175JADMINISTRATIVE SUPERVISION AND HAZARDOUS FINANCIAL CONDITIONS OF INSURITIES
This text of Massachusetts § 5 (Extension or release from supervision) 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. 175J, § 5 (2026).
Text
Section 5.
(A)If placed under administrative supervision by an order issued pursuant to subsection (E) of section three, the insurer shall have sixty days, or another period of time as designated by the commissioner, to comply with the requirements of the commissioner.
(B)If it is determined after notice and hearing that the conditions giving rise to the supervision still exist at the end of the supervision period specified above, the commissioner may extend such period.
(C)If it is determined that none of the conditions giving rise to the supervision exist, the commissioner shall release the insurer from supervision.
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Bluebook (online)
Massachusetts § 5, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/175J/5.