Massachusetts § 41 Minors' accounts

Massachusetts Statutes

§ 41 — Minors' accounts

Massachusetts § 41

Part IADMINISTRATION OF THE GOVERNMENT

Title XXIICORPORATIONS

Ch. 171CREDIT UNIONS

This text of Massachusetts § 41 (Minors' accounts) 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. 171, § 41 (2026).

Text

Section 41. Shares may be issued and deposits received in the name of a minor, and such shares and deposits may, subject to the policy of the credit union, be withdrawn by such minor or by his parent or guardian and, in either case, payment made on such withdrawals shall be valid and shall release the corporation from liability to the such minor, parent or guardian relative to such shares and deposits.

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Section 41. Shares may be issued and deposits received in the name of a minor, and such shares and deposits may, subject to the policy of the credit union, be withdrawn by such minor or by his parent or guardian and, in either case, payment made on such withdrawals shall be valid and shall release the corporation from liability to the such minor, parent or guardian relative to such shares and deposits.

Nearby Sections

2

§ 41

Minors' accounts

§ 41A

Assessment of fees and charges

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Bluebook (online)

Massachusetts § 41, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/171/41.