{"data":{"id":"us-ma/mass.-gen.-laws-ch.-176g-15","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 176G, § 15","heading":"Bond; waiver","body":"Section 15. Each health maintenance organization shall furnish to the commissioner evidence of a surety bond in an amount satisfactory to the commissioner or deposit with the commissioner cash or sureties acceptable to him in at least the same amount as a guarantee that the obligation to the enrollees will be performed. The commissioner may waive this requirement if a health maintenance organization has contracted with a carrier as defined in section one for the purpose of reinsurance.","path":["Part I","Title XXII","Chapter 176G"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter176G/Section15","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:24:17Z","sha256":"2e88dff7bb6109c6113feb139c1ebf7fe303a1c744f98f3a990c6ebe97066375","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-176g-14","next":"us-ma/mass.-gen.-laws-ch.-176g-16"},"notice":"GroundRules: Original legal text. Not legal advice."}
