§ 1 Definitions
§ 2 Prohibitions for use of certificate form; limitations of certificate
§ 3 False or misleading information on certificate
§ 4 Notice of cancellation, nonrenewal or material change; terms and conditions not to be altered by certificate
§ 5 Application of chapter; certifications in violation of chapter null and void
§ 6 Investigation into prohibited practices; penalty

Terms Used In Massachusetts General Laws > Chapter 175L - Certificate of Insurance

  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • 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.