Section 60C: Failure to comply with order requiring deposit; certificate authorizing resumption of issuance of policies
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/ma/part-i/title-xxi/chapter-152/60c·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 60C. Failure of a company to comply with any lawful order of the commissioner of insurance under section fifty-seven shall, without any further action by the said commissioner, terminate its authority to issue policies of workers' compensation insurance, and in such a case the company shall issue no such policies thereunder until it complies with such order and has received from said commissioner, as evidence of such compliance, a special certificate authorizing it to resume the issue of such policies. The commissioner may, in his discretion, refuse to issue such a certificate.