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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 9 Club deposits
Universal Citation:
MA Gen L ch 167D § 9
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Section 9. Any such bank may contract, on terms to be agreed upon, for club deposits, so-called, which deposits may be made at intervals within any period of twelve months, of sums of money in the aggregate not in excess of the statutory limit on deposits which deposits interest shall be paid.
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