211 CMR, § 59.07

Current through Register 1533, October 25, 2024
Section 59.07 - Prohibition against Avoidance

No insurer that has Covered Policies as to which 211 CMR 59.00 applies, as set forth in 211 CMR 59.02, shall take any action or series of actions, or enter into any transaction or arrangement or series of transactions or arrangements if the purpose of such action, transaction or arrangement or series thereof is to avoid the requirements of 211 CMR 59.00, or to circumvent its purpose and intent, as set forth in 211 CMR 59.01.

211 CMR, § 59.07

Adopted by Mass Register Issue 1486, eff. 1/6/2023.