GENERAL LAWS OF MASSACHUSETTS
CHAPTER 178A.
SAVINGS BANK LIFE INSURANCE.
Chapter 178A, Section 1. Definitions.
Chapter 178A, Section 2. Savings bank life insurance company;
establishment; powers and duties.
Chapter 178A, Section 3. Directors; designations; filing; by-laws; elections.
Chapter 178A, Section 4. Plan for assumption of insurance departments of savings and
insurance banks; issuance and ownership of stock; agent or broker licenses.
Chapter 178A, Section 5. Assumption of life insurance contracts and policies; distribution
of surplus assumed at conversion.
Chapter 178A, Section 6. Plan of assumption; hearing; notice; issuance of certificate;
cost and expenses.
Chapter 178A, Section 7. Assumption of assets of savings and insurance banks; cessation
of operations; pending actions;
investments within state.
Chapter 178A, Section 8. Abolishment of state offices, insurance council and
guaranty fund; continuance of operations; costs.
Chapter 178A, Section 9. Policyholders protective board; membership; powers and duties;
review of operations; compensation.
Chapter 178A, Section 10. Distribution of dividends; report; approval or
veto; judicial review.
Chapter 178A, Section 11. Limitation of actions; venue.
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