Massachusetts General Laws

Mass. Gen. Laws ch. 175, § 30 (2026)

Applicability of other laws to certain domestic companies; ''stockholder'' defined

✓ current as of July 2026

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Section 30. (a) So far as pertinent and not in conflict with express provisions of this chapter, with other provisions of law relative to such companies or with their charters:

(1) The general principles of law relative to the powers, duties and liabilities of corporations shall apply to all incorporated domestic companies.

(2) The provisions of the Business Corporation Law, chapter one hundred and fifty-six B, excepting sections four, six, fourteen, fifteen, nineteen, twenty-three, twenty-five, thirty-eight, fifty-three, sixty-two through sixty-four, sixty-eight, sixty-nine, seventy-two, seventy-three, seventy-five, seventy-six and seventy-eight through one hundred and fourteen, shall be applicable to incorporated domestic stock companies.

(3) Sections two, five, seven, nine through thirteen, sixteen, forty-nine, fifty-two, fifty-four through fifty-nine and sixty-seven of said chapter one hundred and fifty-six B shall be applicable to incorporated domestic mutual companies.

(4) The provisions which may be stated in the articles of organization, in accordance with clause (11/2) of paragraph (b) of section thirteen of chapter one hundred and fifty-six B may, in lieu thereof, be included in a bylaw of an incorporated domestic mutual company, if such provisions are adopted by a two-thirds vote of those members present and voting at a meeting duly called for such purpose.

The term ''stockholders'' and other terms of similar meaning where they appear in the aforesaid sections of chapter one hundred and fifty-six B shall, in the case of a mutual insurance company, mean the members thereof.

(b) Except as provided in paragraph (a) the provisions of chapter one hundred and fifty-six B shall be applicable to incorporated domestic companies only as expressly provided in other sections of this chapter.

Notes of Decisions

Cited in 6 cases, 1999–2013 · leading case: Harhen v. Brown, 710 N.E.2d 224 (Mass. App. Ct. 1999).

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Harhen v. Brown, 710 N.E.2d 224 (Mass. App. Ct. 1999). · cites it 7× “156B, § 67, regarding indemnification of employees of a corporation, made available to incorporated domestic mutual insurance companies by virtue of G. L. c. 175, § 30, and discussed infra) arising out of the same lobbying violations that Hancock admitted in its disposition…”

Tierney v. John Hancock Mut. Life Ins., 791 N.E.2d 925 (Mass. App. Ct. 2003). “Second, while the Legislature could have required an appraisal to determine the aggregate value to be distributed to policyholders, see, e.”

Gen. Elec. Co. v. Lines, 26 Mass. L. Rptr. 66 (Mass. Super. Ct. 2009). “See G.L.c. 175, §30(3) (mutual insurance companies subject to G.”

Silverman v. Liberty Mut. Ins., 13 Mass. L. Rptr. 303 (Mass. Super. Ct. 2001). “838 (2000); G.L.c. 175, §30(a)(4). A mutual insurer has a duty to provide its policyholders with full and honest disclosure of material facts relating to a transaction that requires policyholder approval.”

Goldstein v. Sav. Bank Life Ins., 21 Mass. L. Rptr. 204 (Mass. Super. Ct. 2006). “See G.L.c. 175, §30(a)(2) (applying “provisions of the Business Corporation Law, chapter one hundred fifty-six B [including §65] .”

Keros v. Massachusetts Mut. Life Ins., 958 F. Supp. 2d 306 (D. Mass. 2013). “Massachusetts Insurance Law provides that "[t]he general principles of law relative to the powers, duties and liabilities of corporations shall apply to all incorpo *311 rated domestic [insurance] companies.”

— Mass. Gen. Laws ch. 175, § 30(2) — 1 case

Tierney v. John Hancock Mut. Life Ins., 791 N.E.2d 925 (Mass. App. Ct. 2003). “Second, while the Legislature could have required an appraisal to determine the aggregate value to be distributed to policyholders, see, e.”

— Mass. Gen. Laws ch. 175, § 30(3) — 1 case

Gen. Elec. Co. v. Lines, 26 Mass. L. Rptr. 66 (Mass. Super. Ct. 2009). “See G.L.c. 175, §30(3) (mutual insurance companies subject to G.”

— Mass. Gen. Laws ch. 175, § 30(a) — 1 case

Harhen v. Brown, 710 N.E.2d 224 (Mass. App. Ct. 1999). “156B, § 67, regarding indemnification of employees of a corporation, made available to incorporated domestic mutual insurance companies by virtue of G. L. c. 175, § 30, and discussed infra) arising out of the same lobbying violations that Hancock admitted in its disposition…”

— Mass. Gen. Laws ch. 175, § 30(a)(1) — 1 case

Harhen v. Brown, 710 N.E.2d 224 (Mass. App. Ct. 1999). “156B, § 67, regarding indemnification of employees of a corporation, made available to incorporated domestic mutual insurance companies by virtue of G. L. c. 175, § 30, and discussed infra) arising out of the same lobbying violations that Hancock admitted in its disposition…”

— Mass. Gen. Laws ch. 175, § 30(a)(2) — 2 cases

Harhen v. Brown, 710 N.E.2d 224 (Mass. App. Ct. 1999). “156B, § 67, regarding indemnification of employees of a corporation, made available to incorporated domestic mutual insurance companies by virtue of G. L. c. 175, § 30, and discussed infra) arising out of the same lobbying violations that Hancock admitted in its disposition…”

Goldstein v. Sav. Bank Life Ins., 21 Mass. L. Rptr. 204 (Mass. Super. Ct. 2006). “See G.L.c. 175, §30(a)(2) (applying “provisions of the Business Corporation Law, chapter one hundred fifty-six B [including §65] .”

— Mass. Gen. Laws ch. 175, § 30(a)(4) — 2 cases

Harhen v. Brown, 710 N.E.2d 224 (Mass. App. Ct. 1999). “156B, § 67, regarding indemnification of employees of a corporation, made available to incorporated domestic mutual insurance companies by virtue of G. L. c. 175, § 30, and discussed infra) arising out of the same lobbying violations that Hancock admitted in its disposition…”

Silverman v. Liberty Mut. Ins., 13 Mass. L. Rptr. 303 (Mass. Super. Ct. 2001). “838 (2000); G.L.c. 175, §30(a)(4). A mutual insurer has a duty to provide its policyholders with full and honest disclosure of material facts relating to a transaction that requires policyholder approval.”

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