There Is a Newer Version of the Massachusetts General Laws
2012 Massachusetts General Laws
PART I ADMINISTRATION OF THE GOVERNMENT(Chapters 1 through 182)
TITLE XX PUBLIC SAFETY AND GOOD ORDER
CHAPTER 140 LICENSES
Section 91 Less than $1000; mortgage or pledge
MA Gen L ch 140 § 91 What's This?
Section 91. If a loan of less than one thousand dollars is secured by a mortgage or pledge of personal property, the mortgagee or pledgee shall discharge such mortgage and restore such pledge upon payment or tender to him of the amount legally due under the preceding section, and such payment or tender may be made by the debtor or by a person having an interest in the property mortgaged or pledged.
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