2006 Massachusetts Code - CHAPTER 172A. — BANKING COMPANIES.

Section 1. Morris or similar plan banking corporations; authorization to conductbusiness.
Section 1A. Banking business; vote to carry on.
Section 2. Repealed — 1981, 509, Sec. 1.
Section 3. Change of name; laws applicable; qualification of directors; stocktransfers; report; penalty.
Section 4. Corporate condition; returns to commissioner.
Section 5. Deposits; issuance of certificates; certificate funds; interest.
Section 5A. Deposits; joint accounts.
Section 6. Certificate deposits; withdrawal.
Section 6A. Repealed — 1978, 384, Sec. 3.
Section 7. Investments; classes; duration of loan; amount.
Section 7A. Assets not authorized as investments; carrying; disposition.
Section 7B. Loans on security of own stock prohibited.
Section 8. Loans; aggregate amount to one borrower; restriction.
Section 8A. Officers; borrowing and ownership of mortgaged property; prohibition;penalty.
Section 9. Loans; interest; charges; restriction.
Section 10. Reserve.
Section 11. Dividends.
Section 12. Branch offices.
Section 12A. Merger or consolidation; property and assets; sale — exchange or purchase.
Section 13. Taxation.
Section 14. Non-applicability of certain laws.
Section 15. Negotiable checks; sale.

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