|Revoked by:||1st Series Executive Order 98|
Table of Contents
WHEREAS, it is important to the general welfare of the inhabitants of the Common- wealth that they should be able during the existence of the present state of war between the United States and certain foreign countries to purchase insurance protection covering real and personal property against damage which may result from enemy attack or from action of the United States in resisting such attack; and
WHEREAS, the War Damage Corporation is a corporation created by the Reconstruction Finance Corporation pursuant to section 5a of the Reconstruction Finance Corporation Act, as amended (U.S.C.A. 15, s. 606B), and is authorized to issue insurance against loss of, or damage to, real or personal property resulting from enemy attack, including any action taken by the military, naval or air forces of the United States in resisting enemy attack, with such general exceptions as War Damage Corporation, with the approval of the Secretary of Commerce, may establish; and
WHEREAS, the plan of operation of the said War Damage Corporation contains certain features which are not in conformity with the provisions of General Laws (Ter. Ed.) chapter 175, so that the inhabitants of this Commonwealth might not be able to avail themselves of the opportunity to obtain such insurance from the said corporation:
NOW, THEREFORE, I, Leverett Saltonstall, Governor of the Commonwealth of Massachusetts, acting under the provisions of Acts of 1941, chapter 719, section 7, Acts of 1942, chapter 13, sections 2 (9) and 3, and all other authority vested in me, do hereby issue this order as a measure necessary and expedient for meeting the supreme emergency of the existing state of war between the United States and certain foreign countries.
The War Damage Corporation is authorized to transact business in the Commonwealth and to issue such insurance protection as said War Damage Corporation is empowered by the laws of the United States to afford, without complying with such of the provisions of the General Laws (Ter. Ed.) chapter 175, as amended, as the Commissioner of Insurance may from time to time specify, subject to such rules and regulations as the Commissioner may make: provided, however, that such insurance protection as shall be afforded by said War Damage Corporation shall be issued only through the facilities of domestic or foreign insurance companies lawfully transacting business in the Commonwealth and that the producers acting on behalf of the War Damage Corporation shall be insurance agents or insurance brokers licensed by the Commonwealth of Massachusetts.
Insurance protection heretofore afforded by said War Damage Corporation shall not be deemed to be invalid by reason of any non-compliance with the provisions of said General Laws (Ter. Ed.) chapter 175, as amended.
GIVEN at the Executive Chamber in Boston, this ninth day of July, in the year of our Lord one thousand nine hundred and forty-two, and of the Independence of the United States of America, the one hundred and sixty-seventh.
By His Excellency the Governor,
FREDERIC W. COOK,
Secretary of the Commonwealth