Massachusetts § 6 Manner and form of books and accounts; manner of safeguard and deposit of money and securities

Massachusetts Statutes

§ 6 — Manner and form of books and accounts; manner of safeguard and deposit of money and securities

Massachusetts § 6

Part IADMINISTRATION OF THE GOVERNMENT

Title XXIICORPORATIONS

Ch. 167SUPERVISION OF BANKS

This text of Massachusetts § 6 (Manner and form of books and accounts; manner of safeguard and deposit of money and securities) 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, § 6 (2026).

Text

Section 6. The commissioner may prescribe the manner and form of keeping the books and accounts of a bank and the extent to which they shall be audited.  For a credit union, the commissioner may prescribe the manner of safeguarding its money and securities and may promulgate regulations under which a credit union may deposit its securities with savings banks, co-operative banks, trust companies or banking associations for safekeeping.

Free access — add to your briefcase to read the full text and ask questions with AI

Section 6. The commissioner may prescribe the manner and form of keeping the books and accounts of a bank and the extent to which they shall be audited. For a credit union, the commissioner may prescribe the manner of safeguarding its money and securities and may promulgate regulations under which a credit union may deposit its securities with savings banks, co-operative banks, trust companies or banking associations for safekeeping.

Nearby Sections

2

§ 6

Manner and form of books and accounts; manner of safeguard and deposit of money and securities

§ 6A

Copies of agreements concerning Federal Reserve regulations and operating letters, clearing house rules, etc.; rules and regulations

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Massachusetts § 6, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/167/6.