Subject to the following restrictions and limitations, regulated institutions are authorized to enter into leases with an insurer, insurance agent, broker or consultant for a portion of the premises of the various financial institutions. However, any arrangement between a regulated institution and an insurer, insurance agent, broker or consultant pursuant to which an insurer, insurance agent, broker or consultant utilizes space in the retail area of a regulated institution in order to engage in the business of insurance is subject to the following conditions.
02-029 C.M.R. ch. 123, § 4