Massachusetts § 90C Home mortgages; receipt for payment; penalty

Massachusetts Statutes

§ 90C — Home mortgages; receipt for payment; penalty

Massachusetts § 90C

Part IADMINISTRATION OF THE GOVERNMENT

Title XXPUBLIC SAFETY AND GOOD ORDER

Ch. 140LICENSES

This text of Massachusetts § 90C (Home mortgages; receipt for payment; penalty) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mass. Gen. Laws ch. 140, § 90C (2026).

Text

Section 90C. Upon payment of any money by the borrower, the lender shall at the request of the borrower give him a receipt stating the date of payment, the amount paid, the amount applicable to interest on the loan and the amount applicable to the principal. Such receipt shall be signed by the lender or his duly authorized representative. If a lender refuses, on written demand sent by registered mail, to give such receipt, he shall forfeit all interest on the principal sum.

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Section 90C. Upon payment of any money by the borrower, the lender shall at the request of the borrower give him a receipt stating the date of payment, the amount paid, the amount applicable to interest on the loan and the amount applicable to the principal. Such receipt shall be signed by the lender or his duly authorized representative. If a lender refuses, on written demand sent by registered mail, to give such receipt, he shall forfeit all interest on the principal sum.