Public documents of Massachusetts, Volume 7 (Google eBook)

Front Cover
1894
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Page 423 - ... make a false statement of any material fact or thing in a sworn statement as to the death or disability of a certificate holder in any such...
Page 422 - If a policy of insurance, whether heretofore or hereafter issued, is effected by any person on his own life or on another life, in favor of a person other than himself, or except in cases of transfer with intent to defraud creditors, if a policy of life insurance is assigned or in any way made payable to any such person, the lawful beneficiary or assignee thereof, other than the insured or the person so effecting such insurance or executors...
Page 422 - ... paid with intent to defraud creditors, with interest thereon, shall inure to their benefit from the proceeds of the policy ; but the company issuing the policy shall be discharged of all liability thereon by payment of its proceeds in accordance with its terms, unless before such payment the company shall have written notice, by or in behalf of a creditor, of a claim to recover for transfer made or premiums paid with intent to defraud creditors, with specifications of the amount claimed.
Page 423 - ... any false or fraudulent statement or representation in or with reference to any application for membership, or for the purpose...
Page 420 - ... behalf or on account of a fiduciary holding property in a trust capacity...
Page 423 - ... shall be guilty of perjury, and shall be proceeded against and punished as provided by the statutes of this State in relation to the crime of perjury.
Page 422 - When a policy of insurance is effected by any person on his own life, or on another life in favor of some person other than himself having an insurable interest therein, the lawful beneficiary thereof, other than himself or his legal representatives, shall be entitled to its proceeds, against the creditors and representatives of the person effecting the same...
Page 421 - The co-suretyship of such a corporation similarly authorized; or (c) By deposit with it in pledge or conveyance to it in trust for its protection of property; or (d...
Page 422 - Section one of chapter three hundred and fifty-three of the acts of the year eighteen hundred and ninetytwo is hereby amended by striking out...
Page 422 - ... provided, that, subject to the statute of limitation, the amount of any premiums for said insurance paid in fraud of creditors, with interest thereon, shall inure to their benefit from the proceeds of the policy...

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