Massachusetts § 26 Separation of assets, funds and liabilities

Massachusetts Statutes

§ 26 — Separation of assets, funds and liabilities

Massachusetts § 26

Part IADMINISTRATION OF THE GOVERNMENT

Title XXIICORPORATIONS

Ch. 176PLIMITED SOCIETIES

This text of Massachusetts § 26 (Separation of assets, funds and liabilities) 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. 176P, § 26 (2026).

Text

Section 26. The separation of assets, funds and liabilities required by section 25 shall not be terminated, rescinded or modified, nor shall the funds be diverted for any use other than as specified in section 25, as long as any certificates issued under sections 23 to 28, inclusive, remain in force. This requirement shall be recognized and enforced in any liquidation, reinsurance, merger or other change in the condition or status of the society.

Free access — add to your briefcase to read the full text and ask questions with AI

Section 26. The separation of assets, funds and liabilities required by section 25 shall not be terminated, rescinded or modified, nor shall the funds be diverted for any use other than as specified in section 25, as long as any certificates issued under sections 23 to 28, inclusive, remain in force. This requirement shall be recognized and enforced in any liquidation, reinsurance, merger or other change in the condition or status of the society.

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Massachusetts § 26, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/176P/26.