Bill Text: MA H957 | 2009-2010 | 186th General Court | Introduced
Bill Title: The payment of fire insurance claims on real estate losses
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2010-03-31 - Read second and ordered to a third reading [H957 Detail]
Download: Massachusetts-2009-H957-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Ronald Mariano
_______________
To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relating to fire insurance.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Ronald Mariano |
3rd Norfolk |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE HOUSE, NO. 1011 OF 2007-2008.]
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act relating to fire insurance.
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
Section 97 of Chapter 175 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by inserting at the end thereof the following:-
Notwithstanding any provision in this chapter to the contrary, no such mortgagee or mortgagees shall be entitled to payment of a claim for a loss or covered real estate which equals less than ten thousand dollars, and for which such mortgagee or mortgagees are otherwise entitled to payment.
