Insurance Plans by Certain License Holders

The provisions of M.G.L. c. 138, § 15 that addresses insurance shall not be construed or interpreted to apply to, or be applied to, qualifying employee benefit plans under the Employee Retirement Income Security Act of 1974 (ERISA), Pub. L. 93-406, 88 Stat. 829 (Sept. 2, 1974), as codified at 18 U.S.C. § 1001 et seq.