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2012 Massachusetts General Laws
PART I ADMINISTRATION OF THE GOVERNMENT(Chapters 1 through 182)
TITLE XXII CORPORATIONS
CHAPTER 167D DEPOSITS AND ACCOUNTS
Section 17 Agreements to exculpate bank for unlawful payment from deposit account
Universal Citation:
MA Gen L ch 167D § 17
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Section 17. Any agreement between a depositor and any bank which exculpates such bank when a deposit account, or any part thereof, is paid by such bank to a person unlawfully presenting a passbook, or other instrument as evidence of such account is hereby declared to be contrary to public policy and void.
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