Section 60D: Forfeiture for failure to comply with order requiring deposit; issuance of policy while in default; enforcement of order, fine or forfeiture
185 words·~1 min read·
/ma/part-i/title-xxi/chapter-152/60d·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 60D. Any company failing to comply with any lawful order of the commissioner under section fifty-seven shall, in addition, forfeit one hundred dollars for each day of its default. Any forfeiture recovered under this section shall be paid to the state treasurer and shall be held and expended by him in like manner as a deposit made under said section fifty-seven. Any company issuing any policy of workers' compensation insurance while in default of such compliance shall be punished by a fine of not less than one hundred nor more than one thousand dollars, and any officer or agent thereof issuing any such policy on the company's behalf during such default shall be punished by such fine or by imprisonment for not more than three months, or both.
The supreme judicial court for the county of Suffolk shall have jurisdiction in equity, upon an information filed by the attorney general at the relation of the commissioner of insurance, to enforce compliance with any order of the commissioner made under section fifty-seven, and the payment of any fine, forfeiture or penalty prescribed by this section.