Massachusetts Chapter 167 — Supervision of Banks

88 sections hosted, reproduced from the official public-domain source.

Mass. Gen. Laws ch. 167, § 1— Definitions
Mass. Gen. Laws ch. 167, § 1A— Rules and regulations
Mass. Gen. Laws ch. 167, § 1B— Repealed, 2014, 482, Sec. 13
Mass. Gen. Laws ch. 167, § 2— Examination of banks
Mass. Gen. Laws ch. 167, § 2A— Definitions applicable to Secs. 2A to 2G; unfair practices involving consumer transactions; rules and regulations
Mass. Gen. Laws ch. 167, § 2B— Investigation of unfair practices
Mass. Gen. Laws ch. 167, § 2C— Proceedings regarding unfair practices; notice; hearing
Mass. Gen. Laws ch. 167, § 2D— Unfair practices; findings; cease and desist orders; penalty; modification of order
Mass. Gen. Laws ch. 167, § 2E— Review of cease and desist orders; civil liability
Mass. Gen. Laws ch. 167, § 2F— Violations of cease and desist orders; penalties
Mass. Gen. Laws ch. 167, § 2G— Penalties for unfair practices; enforcement
Mass. Gen. Laws ch. 167, § 2H— Notice to commissioner of activity or investment of savings bank, co-operative bank or trust company; waiver or extension of notice period
Mass. Gen. Laws ch. 167, § 2I— Compliance with federal laws and regulations
Mass. Gen. Laws ch. 167, § 2J— Confidentiality of information provided in applications filed with commissioner
Mass. Gen. Laws ch. 167, § 3— Meetings of board of directors or board of trustees of bank; reports on bank examinations; records; certificates
Mass. Gen. Laws ch. 167, § 4— Summoning and examination of bank officers
Mass. Gen. Laws ch. 167, § 5— Request for bank examination
Mass. Gen. Laws ch. 167, § 6— Manner and form of books and accounts; manner of safeguard and deposit of money and securities
Mass. Gen. Laws ch. 167, § 6A— Copies of agreements concerning Federal Reserve regulations and operating letters, clearing house rules, etc.; rules and regulations
Mass. Gen. Laws ch. 167, § 7— Statements and reports required by commissioner or by law
Mass. Gen. Laws ch. 167, § 8— Failure to make or amend return, statement or report
Mass. Gen. Laws ch. 167, § 9— Destruction or disposal of records, etc.; payment of proceeds
Mass. Gen. Laws ch. 167, § 10— Reports of fraud, embezzlement or misconduct by bank officers or employees
Mass. Gen. Laws ch. 167, § 11— Shortages in funds; reports; fine
Mass. Gen. Laws ch. 167, § 12— Misconduct by bank officers; suspension; removal
Mass. Gen. Laws ch. 167, § 12A— Criminal charges against bank officers; suspension or removal from office
Mass. Gen. Laws ch. 167, § 13— Annual reports
Mass. Gen. Laws ch. 167, § 14— Credit needs of local communities; assessment of banks; regulations; application for establishment of domestic branch; examination; alternative community reinvestment examination procedure
Mass. Gen. Laws ch. 167, § 14A— Mortgage review boards; members; terms; appointment; meetings; rules and regulations
Mass. Gen. Laws ch. 167, § 14B— Repealed, 1996, 359, Sec. 4
Mass. Gen. Laws ch. 167, § 14C— Small business loan review boards; members; terms; appointment; meetings; rules and regulations
Mass. Gen. Laws ch. 167, § 15— Annual list to investment committee of banks meeting local community needs
Mass. Gen. Laws ch. 167, § 15A— Annual list of legal investments
Mass. Gen. Laws ch. 167, § 15B— Inclusion of certain investments in list of legal investments upon approval by commissioner; application by credit union; refunding bonds
Mass. Gen. Laws ch. 167, § 15C— Classes of bonds, notes or other interest-bearing federal, state and international obligations in which entity may invest
Mass. Gen. Laws ch. 167, § 15D— Classes of bonds, notes or other interest-bearing municipal obligations in which entity may invest
Mass. Gen. Laws ch. 167, § 15E— Investment in bonds, notes or other interest-bearing obligations of railroad corporations
Mass. Gen. Laws ch. 167, § 15F— Investment in bonds of company engaged in the business of furnishing telephone service
Mass. Gen. Laws ch. 167, § 15G— Investment in bonds, notes or other interest-bearing obligations of gas, electric light or water company or bonds of company supplying electrical energy or artificial gas or natural gas purchased from another company
Mass. Gen. Laws ch. 167, § 15H— Investment in common stock of banking corporations and bank holding companies
Mass. Gen. Laws ch. 167, § 15I— Purchase of stock of savings or co-operative bank, federal savings and loan association or federal saving bank
Mass. Gen. Laws ch. 167, § 15J— Investment in capital stock of insurance company conducting fire and casualty insurance business
Mass. Gen. Laws ch. 167, § 15K— Classes of securities in which entity may invest
Mass. Gen. Laws ch. 167, § 16— Repealed, 1987, 296, Sec. 1
Mass. Gen. Laws ch. 167, § 17— Repealed, 1996, 359, Sec. 5
Mass. Gen. Laws ch. 167, § 18— Appraisal of real estate in case of excessive loan
Mass. Gen. Laws ch. 167, § 19— Losses of bank exceeding surplus and other reserve accounts
Mass. Gen. Laws ch. 167, § 20— Verification of savings accounts
Mass. Gen. Laws ch. 167, § 21— Closing of banks
Mass. Gen. Laws ch. 167, § 21A— Assent to and participation in bank reorganization by government officers
Mass. Gen. Laws ch. 167, § 22— Taking possession of property and business of bank by commissioner
Mass. Gen. Laws ch. 167, § 23— Notice of taking possession of bank by commissioner
Mass. Gen. Laws ch. 167, § 24— Collection of moneys due and liquidation of affairs of banks in possession of commissioner
Mass. Gen. Laws ch. 167, § 25— Prosecution and defense of suits and other legal proceedings; sales of property
Mass. Gen. Laws ch. 167, § 26— Appointment of agents to assist in liquidation and distribution; federal agencies as liquidating agent; subrogation rights
Mass. Gen. Laws ch. 167, § 26A— Assistance of federal agency as liquidating agent; notice requirements
Mass. Gen. Laws ch. 167, § 26B— National Credit Union Administration Board as liquidating agent of credit unions; subrogation rights
Mass. Gen. Laws ch. 167, § 27— Inventory of bank assets
Mass. Gen. Laws ch. 167, § 28— Notice to claimants; claims presented
Mass. Gen. Laws ch. 167, § 29— List of claims presented
Mass. Gen. Laws ch. 167, § 30— Fees and expenses
Mass. Gen. Laws ch. 167, § 31— Dividends; objections to claims
Mass. Gen. Laws ch. 167, § 31A— Dividend payments to minors; disposition of accounts of decedents
Mass. Gen. Laws ch. 167, § 32— Property deposited with bank; disposition
Mass. Gen. Laws ch. 167, § 33— Bank aggrieved by action of commissioner; application for injunction
Mass. Gen. Laws ch. 167, § 34— Stockholders' meeting
Mass. Gen. Laws ch. 167, § 35— Unclaimed dividends and funds
Mass. Gen. Laws ch. 167, § 35A— Destruction of books, records, etc. concerning bank and liquidation thereof
Mass. Gen. Laws ch. 167, § 35B— Reports on banks in possession of commissioner
Mass. Gen. Laws ch. 167, § 36— Equity jurisdiction of supreme judicial court
Mass. Gen. Laws ch. 167, § 36A— Appointment of conservator; powers and duties; compensation; termination; equity jurisdiction of supreme court
Mass. Gen. Laws ch. 167, § 37— Unauthorized banking
Mass. Gen. Laws ch. 167, § 37A— Examination of accounts, books and papers to determine violation of Sec. 37
Mass. Gen. Laws ch. 167, § 37B— Student bank programs
Mass. Gen. Laws ch. 167, § 38— Repealed, 2014, 482, Sec. 20
Mass. Gen. Laws ch. 167, § 38A— Repealed, 1982, 626, Sec. 2
Mass. Gen. Laws ch. 167, § 39— Repealed, 2014, 482, Sec. 20
Mass. Gen. Laws ch. 167, § 39A— Repealed, 1982, 626, Sec. 2
Mass. Gen. Laws ch. 167, § 40— Examination of foreign or out-of-state banks; charges; availability of reports and information; cooperation with other jurisdictions
Mass. Gen. Laws ch. 167, § 40A— Registration with commissioner; reports
Mass. Gen. Laws ch. 167, § 41— Access to vaults, books and papers; summoning witnesses; administering oaths
Mass. Gen. Laws ch. 167, § 42— Insolvent foreign or out-of-state banks; injunction
Mass. Gen. Laws ch. 167, § 46— Honoring and cashing of pensioners' and retirees' checks
Mass. Gen. Laws ch. 167, § 47— Repealed, 2010, 234, Sec. 1
Mass. Gen. Laws ch. 167, § 48— Financing of premises containing lead in paint, plaster or materials
Mass. Gen. Laws ch. 167, § 49— Definitions applicable to Secs. 49 to 51
Mass. Gen. Laws ch. 167, § 50— Compliance review supervisor
Mass. Gen. Laws ch. 167, § 51— Compliance review documents; confidentiality