L&HMAmedium
Which section of M.G.L. c. 175 supplies the framework for the rehabilitation and liquidation of an insolvent Massachusetts life or health insurer?
AM.G.L. c. 175 §108
BM.G.L. c. 175 §144
CM.G.L. c. 175 §206C
M.G.L. c. 175 §180A
Why this is the answer
M.G.L. c. 175 §180A opens the sections (§§180A–180L) that govern delinquency proceedings — conservation, rehabilitation, and liquidation — of insolvent Massachusetts life and health insurers, with the DOI Commissioner acting as receiver under court supervision.
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