There is a newer version of the Massachusetts General Laws
2006 Massachusetts Code - CHAPTER 170. — CO-OPERATIVE BANKS.
- Chapter 170 — Section 1. Definitions.
- Chapter 170 — Section 1A. Co-operative banks; powers.
- Chapter 170 — Section 2. Agreement to form co-operative bank; subscribers.
- Chapter 170 — Section 3. Change of corporate name.
- Chapter 170 — Section 4. Notice and application to board of bank incorporation; certificate;hearing; special surplus fund.
- Chapter 170 — Section 5. First meeting of subscribers.
- Chapter 170 — Section 6. Articles; certificate of incorporation.
- Chapter 170 — Section 7. By-laws.
- Chapter 170 — Section 8. Members; voting rights.
- Chapter 170 — Section 9. Board of directors; clerk; directors and officers; records of meetings.
- Chapter 170 — Section 10. Directors or officers serving in same capacity for other financialinstitutions.
- Chapter 170 — Section 11. Security committee; finance committee.
- Chapter 170 — Section 12. Treasurer; duties; assistant treasurer.
- Chapter 170 — Section 13. Duties of treasurer under other provisions of law.
- Chapter 170 — Section 14. Powers and duties of commissioner; examination and audit.
- Chapter 170 — Section 15. Bond of treasurer and other officers and employees.
- Chapter 170 — Section 16. Misconduct of officer, director, agent or employee.
- Chapter 170 — Section 17. Fee, commission, gift or other consideration for or on accountof loan.
- Chapter 170 — Section 18. Report to commissioner; posting balance sheet.
- Chapter 170 — Section 19. Loans or extension of credit to officers or directors;annual report.
- Chapter 170 — Section 19A. Penalties.
- Chapter 170 — Section 20. Distribution of net profits.
- Chapter 170 — Section 20A. Computation and rate of dividends and interest.
- Chapter 170 — Section 21. Surplus accounts.
- Chapter 170 — Section 22. Minimum reserves.
- Chapter 170 — Section 23. Reserve balances.
- Chapter 170 — Section 24. Advance, loan upon or purchase of bank assets or stock.
- Chapter 170 — Section 25. Consolidation of co-operative banks.
- Chapter 170 — Section 26. Consolidation on expedited basis.
- Chapter 170 — Section 26A. Merger or consolidation of co-operative banks and savings banks.
- Chapter 170 — Section 26B. Merger or consolidation of co-operative banks and thrift institutions.
- Chapter 170 — Section 26C. Conversion of co-operative bank to stockholder owned form of corporation.
- Chapter 170 — Section 26D. Consolidation or merger of converted stockcorporations into single state or federally-chartered stock corporations.
- Chapter 170 — Section 26E. Conversion of co-operative bank to stock holder owned form of corporation.
- Chapter 170 — Section 26F. Merger or consolidation of corporations and credit unions intosingle cooperative bank.
- Chapter 170 — Section 26G. Restrictions on approval of merger or consolidationapplications.
- Chapter 170 — Section 27. Dissolution and liquidation.
- Chapter 170 — Section 28. Conversion of co-operative bank to federal savings and loan association.
- Chapter 170 — Section 29. Conversion of federal savings and loan association to co-operative bank.
- Chapter 170 — Section 30. Co-operative banks employees retirement association.
- Chapter 170 — Section 31. By-laws of retirement association.
- Chapter 170 — Section 32. Retirement association property, etc.; tax exemption, attachment,execution or assignment.
- Chapter 170 — Section 33. Co-operative banks employees benefit association.
- Chapter 170 — Section 34. By-laws of benefit association.
- Chapter 170 — Section 35. Benefit association property; tax exemption; attachment,execution or assignment.
Disclaimer: These codes may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.