There is a newer version
of
this Section
2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 170 - Co-Operative Banks
Section 2 - Powers
Universal Citation: MA Gen L ch 170 § 2 (2019)
Section 2. A co-operative bank shall have all the powers expressly granted by law and whatever further incidental powers may fairly be implied from those expressly conferred and such as are reasonably necessary to enable it to exercise fully those powers according to common or accepted banking customs and usages.
Disclaimer: These codes may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
