Section 11.13 - Providers(1) The selected providers shall be authorized to conduct business within the Commonwealth.(2) Each provider or issuer of annuity contracts under the Optional Retirement Program which is a life insurance company shall:(a) Hold a certificate of authority to do a life insurance business in the Commonwealth.(b) Maintain the minimum required capital and surplus required for Life Insurance Companies under the laws of the Commonwealth.(c) Be a member of the Commonwealth's Life and Health Insurance Guaranty Association and be a member of the Life and Health Insurance Guaranty Association in any and all jurisdictions where required by law with similar retirement programs funded in whole or in part through the provider's annuities in which participants in the Optional Retirement Program might participate upon transfer of employment.Amended by Mass Register Issue 1320, eff. 8/26/2016.