Massachusetts Insurance Code definition
Examples of Massachusetts Insurance Code in a sentence
The Company owns assets that qualify as admitted assets under the Massachusetts Insurance Code in an amount at least equal to the Reserves plus its minimum statutory capital and surplus as required under the Massachusetts Insurance Code.
All such investments comply with the investment guidelines adopted by the Investment Committee of Seller's Board of Directors applicable to the Company and substantially comply with any and all investment restrictions under the Massachusetts Insurance Code.
The purpose of this Agreement is to provide for the terms and conditions under which the Manager will make, hold and administer certain investments in Short-Term Obligations for and on behalf of the Principal for and on behalf of the Principal and other Participants (as hereinafter defined) in accordance with applicable investment restrictions and the Massachusetts Insurance Code.
The Purchaser agrees to promptly make its initial filing pursuant to Massachusetts Insurance Code Section 206 and Regulation 211 CMR 7 under the Massachusetts Insurance Code (the "FORM A FILING") upon the execution of this Agreement and to supply promptly any additional information and documentary material that may be requested by the Massachusetts Insurance Division in connection therewith.
The Purchaser agrees to promptly make its initial filing pursuant to Massachusetts Insurance Code Section 206 and Regulation 211 CMR 7 under the Massachusetts Insurance Code (the "Form A Filing") upon the execution ------------- of this Agreement and to supply promptly any additional information and documentary material that may be requested by the Massachusetts Insurance Division in connection therewith.