Massachusetts General Laws
Title XXII - Corporations
Chapter 167d - Deposits and Accounts

Section 1 - Definitions - Section 1. As used in this chapter, the following words...

Section 2 - Powers - Section 2. Every bank in its banking department shall, subject...

Section 3 - Types of Deposits Which May Be Received by Bank - Section 3. A bank may receive demand, time and other...

Section 3a - Savings Promotion Raffles - Section 3A. (a) For the purposes of this section, the...

Section 4 - Limited Access Deposit Accounts - Section 4. (a) A bank may receive deposits into a...

Section 5 - Demand Deposit Account and Savings Account for Persons 18 Years of Age or Under or 65 Years of Age or Older - Section 5. A natural person 18 years of age or...

Section 6 - Fee, Charges or Assessments; Refusal of Payment of Deposited Instruments; Costs for Processing Deposited Instrument - Section 6. No bank shall assess a fee, charge or...

Section 7 - Provision of Cancelled Instruments or Copies Thereof - Section 7. A bank or federally-chartered bank which accepts a...

Section 8 - Collateral or Security for Deposit of Money Received - Section 8. No bank shall give collateral or other security...

Section 9 - Deposits From Residential Dwelling Unit Lessor Acting as Trustee for Security Deposits - Section 9. Any bank or federally-chartered bank may establish an...

Section 10 - Deposits From Condominium Manager or Managing Agent Acting as Trustee for Condominium Funds - Section 10. Any bank or federally-chartered bank may establish an...

Section 11 - Lost, Stolen or Destroyed Passbooks - Section 11. When a passbook or other instrument as evidence...

Section 12 - Deposits of Decedents; Payment - Section 12. Deposits standing in the individual name of a...

Section 13 - Unusual Demand by Depositors for Withdrawals; Notice of Intention to Withdraw Deposit or to Apply for Loan Secured by Deposit - Section 13. If, in the judgment of the board, there...

Section 14 - Agreements to Exculpate Bank From Payment of Deposit Account to Person Unlawfully Presenting Evidence of Account - Section 14. Any agreement between a depositor and any bank...

Section 15 - Designation of Beneficiary for Pension, Profit-Sharing, Etc. Plans - Section 15. For the purposes of this section, the term...

Section 16 - Transfer of Funds of Depositor or Shareholder as Consequence of Default of Debt Owed to Bank; Notice - Section 16. If a bank as a consequence of a...

Section 17 - Set Off or Recoupment by Person Indebted to Bank - Section 17. A person indebted to a bank may, when...

Section 18 - Multiple Claimants for Deposited Funds - Section 18. If, in an action against a bank for...

Section 19 - Recognition by Bank of Adverse Claimants to Deposits - Section 19. No bank, federally-chartered bank or other corporation doing...

Section 20 - Repayment of Deposits Made at Branch Located in Foreign Country Prevented by Acts of War, Impairment of Operation of Civil Authority, Etc. - Section 20. Notwithstanding any general or special law to the...