Section 93C: Mutual surety, liability and casualty companies; guaranty fund; establishment
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/ma/part-i/title-xxii/chapter-175/93c·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 93C. Any mutual company formed or authorized to transact business under the third, fifth, sixth, seventh, eighth, ninth, tenth, twelfth or thirteenth clause of section forty-seven or under clause (b),
(c)or
(d)of section forty-eight A may, except as provided in sections ninety B and ninety-three, at any time establish a guaranty capital as provided in and subject to the provisions of section seventy-nine.