{"data":{"id":"us-ma/mass.-gen.-laws-ch.-63-29b","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 63, § 29B","heading":"Taxation of reciprocal or inter-insurance exchange agents","body":"Section 29B. Every attorney in fact of a reciprocal or inter-insurance exchange defined in section ninety-four A of chapter one hundred and seventy-five and authorized to transact business in the commonwealth under the provisions of sections ninety-four A to ninety-four M, inclusive, of said chapter, shall be subject to the provisions of sections twenty-two to twenty-nine, inclusive, and section twelve of chapter sixty-two C unless said provisions and their context clearly show that said provisions were not intended to apply to the plan and method of exchanging reciprocal or inter-insurance contracts; provided, that the word ''premiums'' in section twenty-two and section twenty-three shall, with respect to reciprocal or inter-insurance exchanges, mean ''premium deposits''; and provided, further, that in section twenty-four, the word ''premiums'', shall be construed to mean, when applied to reciprocal or inter-insurance exchanges, premium deposits credited or returned to subscribers.","path":["Part I","Title IX","Chapter 63"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleIX/Chapter63/Section29B","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:21:05Z","sha256":"ab60bdb48eeb5465d1c04c3594224360462592cf93a821c8a0c1fb773ec6197a","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-63-29a","next":"us-ma/mass.-gen.-laws-ch.-63-29c"},"notice":"GroundRules: Original legal text. Not legal advice."}
