Massachusetts Statutes
§ 18 — Appraisal of real estate in case of excessive loan
Massachusetts § 18
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title XXIICORPORATIONS
Ch. 167SUPERVISION OF BANKS
This text of Massachusetts § 18 (Appraisal of real estate in case of excessive loan) 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. 167, § 18 (2026).
Text
Section 18. Whenever in the opinion of the commissioner an excessive loan has been made, or is about to be made, upon real estate, by a bank, said commissioner may cause an appraisal of such real estate to be made at the expense of the bank making the loan. One appraiser shall be named by the commissioner, one by the bank, and a third by the two thus named. The appraisers shall determine the value of the real estate and certify the same, in writing, to the commissioner and to the bank. If it appears from the appraisal that the loan is excessive, the commissioner may make such order in relation thereto as he deems advisable.
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Bluebook (online)
Massachusetts § 18, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/167/18.