Massachusetts Statutes
§ 12 — Rebates; prohibition; effect of filing of premium finance agreement
Massachusetts § 12
JurisdictionMassachusetts
Part IIICOURTS, JUDICIAL OFFICERS AND PROCEEDINGS IN CIVIL CASES
Title IVCERTAIN WRITS AND PROCEEDINGS IN SPECIAL CASES
Ch. 255CINSURANCE PREMIUM FINANCE AGENCIES
This text of Massachusetts § 12 (Rebates; prohibition; effect of filing of premium finance agreement) 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. 255C, § 12 (2026).
Text
Section 12. No premium finance agency, and no employee of such an agency shall pay, allow or offer to pay or allow in any manner whatsoever to an insurance agent or broker or any employee of an insurance agent or broker, or to any other person, any rebate whatsoever, either from the charge for financing specified in the premium finance agreement or otherwise, or shall give or offer to give any valuable consideration or inducement of any kind directly or indirectly, other than an article of merchandise not exceeding one dollar in value which shall have thereon the advertisement of the premium finance agency; andA filing of a premium finance agreement shall not be necessary to perfect the validity of such an agreement as a secured transaction as against creditors, subsequent purchasers, pled
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Bluebook (online)
Massachusetts § 12, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/255C/12.