211 CMR 10.04 - Equipment Dealers
Current through Register 1466, April 1, 2022
The insurance of Equipment Dealers stock falls within the Marine classification when the stock of such dealers consists of the equipment enumerated in 211 CMR 10.02 and their accessories with annual average values of 75% of the annual average values of the dealer's entire stock. In other words, the annual average values of such dealer's stock unrelated to the principal stock should not exceed more than 25% of the annual average values of his or her entire stock.
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