Massachusetts § 1 Definitions

Massachusetts Statutes

§ 1 — Definitions

Massachusetts § 1

Part IADMINISTRATION OF THE GOVERNMENT

Title XXIICORPORATIONS

Ch. 167DDEPOSITS AND ACCOUNTS

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Bluebook

Mass. Gen. Laws ch. 167D, § 1 (2026).

Text

Section 1. As used in this chapter, the following words shall, unless the context clearly requires otherwise, have the following meanings:—''Bank'', a savings bank, co-operative bank or trust company incorporated as such in the commonwealth.''Board'', the board of trustees or directors of a bank.''Commissioner'', the commissioner of banks.''Federally-chartered bank'', a national bank association, a federal savings and loan association, a federal savings bank or a federal credit union authorized to do business in the commonwealth.

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Section 1. As used in this chapter, the following words shall, unless the context clearly requires otherwise, have the following meanings:—''Bank'', a savings bank, co-operative bank or trust company incorporated as such in the commonwealth.''Board'', the board of trustees or directors of a bank.''Commissioner'', the commissioner of banks.''Federally-chartered bank'', a national bank association, a federal savings and loan association, a federal savings bank or a federal credit union authorized to do business in the commonwealth.