Massachusetts General Laws ch. 174B sec. 2 – Definitions
Section 2. In this chapter, unless otherwise expressly provided or the context otherwise provides, the following words and phrases shall have the following meanings:
Terms Used In Massachusetts General Laws ch. 174B sec. 2
- Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
- Continuance: Putting off of a hearing ot trial until a later time.
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
”Automobile Club”, any person who in consideration of dues, assessments, or periodic payments of money, promises its members or subscribers to assist them in matters relating to travel and the operation, the use and maintenance of a motor vehicle and the supplying of services which, by way of illustration and not by way of limitation, may include such services as community traffic safety service, travel and touring service, theft or reward service, map service, towing service, emergency road service, bail bond service, legal fee reimbursement service in the defense of traffic offenses, and the participation in an accident and sickness or death insurance benefit program.
”Person”, any person, firm, partnership, corporation or association which conducts an automobile club service business within the commonwealth.
”Commissioner”, the commissioner of insurance.
”Club agent”, any person other than the automobile club itself, who acts or aids in any manner in the solicitation, delivery or negotiation of any service contract or of the renewal or continuance thereof; provided, however, that any person performing only work of a clerical nature in the office of the automobile club shall not be deemed to be a club agent.
”Service contract”, any agreement whereby an automobile club, for a consideration, promises to render, furnish or procure specified services, procure or to reimburse club members therefor.