Massachusetts Statutes
§ 47 — Agreements exculpating credit union for wrongful payment of account
Massachusetts § 47
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title XXIICORPORATIONS
Ch. 171CREDIT UNIONS
This text of Massachusetts § 47 (Agreements exculpating credit union for wrongful payment of account) 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, § 47 (2026).
Text
Section 47. Any agreement between a depositor or shareholder and any credit union which exculpates such credit union when an account, or any part thereof, is paid by such credit union to a person unlawfully presenting a passbook, or other instrument as evidence of such account is hereby declared to be contrary to public policy and void.
Free access — add to your briefcase to read the full text and ask questions with AI
Cite This Page — Counsel Stack
Bluebook (online)
Massachusetts § 47, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/171/47.