2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 167 - Supervision of Banks
Section 6 - Manner and Form of Books and Accounts; Manner of Safeguard and Deposit of Money and Securities
Section 6. The commissioner may prescribe the manner and form of keeping the books and accounts of a bank and the extent to which they shall be audited. For a credit union, the commissioner may prescribe the manner of safeguarding its money and securities and may promulgate regulations under which a credit union may deposit its securities with savings banks, co-operative banks, trust companies or banking associations for safekeeping.