CHAPTER 167 SUPERVISION OF BANKS
- Section 1 Definitions
- Section 1A Rules and regulations
- Section 1B Corporations conducting business of banking company
- Section 2 Examination of banks
- Section 2A Definitions applicable to Secs. 2A to 2G; unfair practices involving consumer transactions; rules and regulations
- Section 2B Investigation of unfair practices
- Section 2C Proceedings regarding unfair practices; notice; hearing
- Section 2D Unfair practices; findings; cease and desist orders; penalty; modification of order
- Section 2E Review of cease and desist orders; civil liability
- Section 2F Violations of cease and desist orders; penalties
- Section 2G Penalties for unfair practices; enforcement
- Section 3 Meetings of board of directors or board of trustees of bank; reports on bank examinations; records; certificates
- Section 4 Summoning and examination of bank officers
- Section 5 Request for bank examination
- Section 6 Manner and form of books and accounts; safeguards; deposits
- Section 6A Copies of agreements concerning Federal Reserve regulations and operating letters, clearing house rules, etc.; rules and regulations
- Section 7 Statements and reports required by commissioner or by law
- Section 8 Failure to make or amend return, statement or report
- Section 9 Destruction or disposal of records, etc.; payment of proceeds
- Section 10 Reports of fraud, embezzlement or misconduct by bank officers or employees
- Section 11 Shortages in funds; reports; fine
- Section 12 Misconduct by bank officers; suspension; removal
- Section 12A Criminal charges against bank officers; suspension or removal from office
- Section 13 Annual reports
- Section 14 Credit needs of local communities; assessment of banks; regulations; application for establishment of domestic branch; examination; alternative community reinvestment examination procedure
- Section 14A Mortgage review boards; members; terms; appointment; meetings; rules and regulations
- Section 14B Repealed, 1996, 359, Sec. 4
- Section 14C Small business loan review boards; members; terms; appointment; meetings; rules and regulations
- Section 15 Annual list to investment committee of banks meeting local community needs
- Section 15A Annual list of legal investments
- Section 15B Inclusion in list of investments of securities not otherwise eligible
- Section 16 Repealed, 1987, 296, Sec. 1
- Section 17 Repealed, 1996, 359, Sec. 5
- Section 18 Appraisal of real estate in case of excessive loan
- Section 19 Losses of bank exceeding surplus and other reserve accounts
- Section 20 Verification of savings accounts
- Section 21 Closing of banks
- Section 21A Assent to and participation in bank reorganization by government officers
- Section 22 Taking possession of property and business of bank by commissioner
- Section 23 Notice of taking possession of bank by commissioner
- Section 24 Collection of moneys due and liquidation of affairs of banks in possession of commissioner
- Section 25 Prosecution and defense of suits and other legal proceedings; sales of property
- Section 26 Appointment of agents to assist in liquidation and distribution; federal agencies as liquidating agent; subrogation rights
- Section 26A Assistance of federal agency as liquidating agent; notice requirements
- Section 26B National Credit Union Administration Board as liquidating agent of credit unions; subrogation rights
- Section 27 Inventory of bank assets
- Section 28 Notice to claimants; claims presented
- Section 29 List of claims presented
- Section 30 Fees and expenses
- Section 31 Dividends; objections to claims
- Section 31A Dividend payments to minors; disposition of accounts of decedents
- Section 32 Property deposited with bank; disposition
- Section 33 Bank aggrieved by action of commissioner; application for injunction
- Section 34 Stockholders’ meeting
- Section 35 Unclaimed dividends and funds
- Section 35A Destruction of books, records, etc. concerning bank and liquidation thereof
- Section 35B Reports on banks in possession of commissioner
- Section 36 Equity jurisdiction of supreme judicial court
- Section 36A Appointment of conservator; powers and duties; compensation; termination; equity jurisdiction of supreme court
- Section 37 Unauthorized banking
- Section 37A Examination of accounts, books and papers to determine violation of Sec. 37
- Section 37B Student bank programs
- Section 38 Foreign banks; certificate to transact business; housing partnership fund loans
- Section 38A Repealed, 1982, 626, Sec. 2
- Section 39 Branch offices of foreign banks; merger, consolidation, or purchase of assets or stock of state banks
- Section 39A Repealed, 1982, 626, Sec. 2
- Section 39B Out-of-state banks; merger or consolidation with Massachusetts bank; applicable laws
- Section 39C Branch de novo; purchase of branch without purchasing bank; applicable laws
- Section 40 Examination of foreign or out-of-state banks; charges; availability of reports and information; cooperation with other jurisdictions
- Section 40A Registration with commissioner; reports
- Section 41 Access to vaults, books and papers; summoning witnesses; administering oaths
- Section 42 Insolvent foreign or out-of-state banks; injunction
- Section 43 Fiduciary capacity; authorization
- Section 43A Certificate authorizing out-of-state bank to act as fiduciary; applicable law
- Section 44 to 45A Repealed, 1982, 626, Secs. 1, 2
- Section 46 Honoring and cashing of pensioners’ and retirees’ checks
- Section 47 Discrimination against financing of dwellings having urea formaldehyde foam insulation
- Section 48 Financing of premises containing lead in paint, plaster or materials
- Section 49 Definitions
- Section 50 Compliance review supervisor
- Section 51 Compliance review documents; confidentiality