If a payment is made on account of a loan to which sections ninety-six to one hundred and eleven, inclusive, apply, the person who receives the payment, or his principal, shall, when the payment is taken, give to the person paying a receipt setting forth the amount then paid and the amount previously paid, and identifying the loan, note, mortgage or assignment to which it is to be applied.
Mass. Gen. Laws ch. 140, § 109
Receipt; part payment
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.