Massachusetts § 14 Lender's payment of contractor

Massachusetts Statutes

§ 14 — Lender's payment of contractor

Massachusetts § 14

Part IIREAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS

Title ITITLE TO REAL PROPERTY

Ch. 183CPREDATORY HOME LOAN PRACTICES

This text of Massachusetts § 14 (Lender's payment of contractor) 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. 183C, § 14 (2026).

Text

Section 14. A lender shall not pay a contractor under a home improvement contract from the proceeds of a high cost home mortgage loan other than (i) by an instrument payable to the borrower or jointly to the borrower and contractor, or (ii) at the election of the borrower, through a third party escrow agent in accordance with terms established in a written agreement signed by the borrower, the lender and the contractor before the disbursement of funds.

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Section 14. A lender shall not pay a contractor under a home improvement contract from the proceeds of a high cost home mortgage loan other than (i) by an instrument payable to the borrower or jointly to the borrower and contractor, or (ii) at the election of the borrower, through a third party escrow agent in accordance with terms established in a written agreement signed by the borrower, the lender and the contractor before the disbursement of funds.

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Massachusetts § 14, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/183C/14.