Mass. Gen. Laws ch. 175J § 8

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 175J:8 - Rehabilitation or liquidation proceedings

Nothing contained in this chapter shall preclude the commissioner from initiating judicial proceedings to place an insurer in rehabilitation or liquidation proceedings or other delinquency proceedings, however designated under the General Laws, regardless of whether the commissioner has previously initiated administrative supervision proceedings against the insurer.

Mass. Gen. Laws ch. 175J, § 8