Massachusetts § 11 Depositary for funds

Massachusetts Statutes

§ 11 — Depositary for funds

Massachusetts § 11

Part IADMINISTRATION OF THE GOVERNMENT

Title XXIICORPORATIONS

Ch. 176CNON-PROFIT MEDICAL SERVICE PLANS

This text of Massachusetts § 11 (Depositary for funds) 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. 176C, § 11 (2026).

Text

Section 11. The funds of any corporation subject to this chapter shall be kept only in banks in which funds of the commonwealth are authorized to be deposited, or by depositing on paid-up shares and accounts of and in co-operative banks, or by investing in share accounts of federal savings and loan associations located in this commonwealth in accordance with the authority and limitations specified in section ten of chapter one hundred and seventy-six B.

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

Section 11. The funds of any corporation subject to this chapter shall be kept only in banks in which funds of the commonwealth are authorized to be deposited, or by depositing on paid-up shares and accounts of and in co-operative banks, or by investing in share accounts of federal savings and loan associations located in this commonwealth in accordance with the authority and limitations specified in section ten of chapter one hundred and seventy-six B.

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Massachusetts § 11, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/176C/11.