Massachusetts Statutes

§ 21 — Election of alternative corporate governance procedures; designation in by-laws of body of law selected for corporate governance procedure

Massachusetts § 21
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title XXIICORPORATIONS
Ch. 167JCORPORATE GOVERNANCE PROVISIONS AND REQUIREMENTS

This text of Massachusetts § 21 (Election of alternative corporate governance procedures; designation in by-laws of body of law selected for corporate governance procedure) 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. 167J, § 21 (2026).

Text

Section 21. A bank's corporate governance procedures shall comply with banking laws and regulations and safe and sound banking practices. To the extent not inconsistent with the above, a bank may elect to follow the corporate governance procedures of chapter 156D or the law of the state in which its holding company is organized. A bank shall designate in its by-laws the body of law selected for its corporate governance procedures.

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Bluebook (online)
Massachusetts § 21, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/167J/21.