HOUSE DOCKET, NO. 2315 FILED ON: 1/17/2013
HOUSE . . . . . . . . . . . . . . . No. 958
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
James M. Murphy
_______________
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:
An Act relating to fire insurance.
_______________
PETITION OF:
Name: | District/Address: |
James M. Murphy | 4th Norfolk |
HOUSE DOCKET, NO. 2315 FILED ON: 1/17/2013
HOUSE . . . . . . . . . . . . . . . No. 958
By Mr. Murphy of Weymouth, a petition (accompanied by bill, House, No. 958) of James M. Murphy relative to the payment of fire insurance claims on real estate losses. Financial Services. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE
HOUSE
, NO. 298 OF 2011-2012.]
The Commonwealth of Massachusetts
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.
