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Massachusetts · Through amendments passed before May 31, 2026

Mass. Gen. Laws ch. 175, § 177D: Statement and receipt from insurance adviser specifying advice given and fee paid

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Where this section sits in the code
  1. Part I
  2. Title XXII
  3. Chapter 175

Section 177D. An insurance adviser who furnishes any advice or counsel as such adviser, makes any recommendation or gives any information except under the terms of a previously executed written contract conforming to the preceding section and in full force and effect shall thereupon, in every case, give to the recipient thereof a statement in writing, signed by him, in a form currently approved by the commissioner, specifying the advice, counsel, recommendation or information given, and a receipt, in a form currently approved by the commissioner, for the fee paid to him, or a statement, in a form currently approved by the commissioner, of the fee to be received by him therefor. Whoever violates any provision of this section shall be punished by a fine of not less than fifty nor more than five hundred dollars.

Collected 2026-09-17T05:24:09Z. Source file · JSON

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