211 CMR, § 10.04

Current through Register 1533, October 25, 2024
Section 10.04 - Equipment Dealers

The insurance of Equipment Dealers stock falls within the Marine classification when the stock of such dealers consists of the equipment enumerated in 211 CMR 10.02 and their accessories with annual average values of 75% of the annual average values of the dealer's entire stock. In other words, the annual average values of such dealer's stock unrelated to the principal stock should not exceed more than 25% of the annual average values of his or her entire stock.

211 CMR, § 10.04

Adopted by Mass Register Issue 1320, eff. 8/26/2016.