Massachusetts General Laws
Title XXII - Corporations
Chapter 167i - Corporate Bank Transactions: Mergers, Consolidations, Purchase of Assets and Conversions

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

Section 2 - Merger or Consolidation of Mutual Banks or Thrift Institutions Into Single Mutual Bank or Thrift Institution - Section 2. One or more mutual banks may merge or...

Section 3 - Merger or Consolidation of Stock Banks, Federally-Chartered Banks, Out-of-State Banks and Limited Purpose Trust Companies Into Single Stock Bank, Federally-Chartered Bank or Out-of-State Bank - Section 3. One or more stock banks may merge or...

Section 4 - Merger or Consolidation of Mutual Banks or Subsidiary Banking Institutions and Credit Unions or Federal Credit Unions Into Single Mutual Bank or Subsidiary Banking Institution - Section 4. Any 1 or more mutual banks or subsidiary...

Section 5 - Expedited Consolidation or Sale of Assets of Bank Certified as Unsafe to Transact Business - Section 5. If the commissioner has certified to the Depositors...

Section 6 - Age and Concentration Limitations for Approval of Application for Merger or Consolidation - Section 6. The commissioner shall not approve an application for...

Section 7 - Articles of Consolidation or Merger - Section 7. For any consolidation or merger under the preceding...

Section 8 - Advance, Loan Upon or Purchase of Whole or Part of Assets or Stock of Any Bank, etc., in Possession of Commissioner Pursuant to Secs. 22 to 36 of Chapter 167 or Assisted by or in Possession of Insurer - Section 8. With the approval of the commissioner, any bank...

Section 9 - Conversion of Mutual Bank to Stock Bank - Section 9. Notwithstanding any general or special law to the...

Section 10 - Conversion of Credit Union to Mutual Bank - Section 10. A credit union may convert to a mutual...

Section 11 - Consolidation, Merger or Conversion of Mutual Bank or Stock Bank Into Federally-Chartered Bank or Thrift Institution - Section 11. A mutual bank or stock bank, by vote...

Section 12 - Conversion of Federally-Charted Bank or Thrift Institution Into Bank Chartered Pursuant to Chapter 168, 170 or 172 - Section 12. By any votes required under federal law and...

Section 13 - Plan of Acquisition of Stock by Company Acquiring All the Capital Stock of Any Stock Bank - Section 13. A company having capital stock, which desires to...

Section 14 - Notice of Proposed Acquisition of Control of Stock Bank; Disapproval of Proposed Acquisition - Section 14. No person, acting directly or indirectly or through...

Section 15 - Dissolution and Liquidation of Bank - Section 15. Subject to the written approval of the commissioner,...

Section 16 - Termination of Membership of Savings Bank in Depositors Insurance Fund Upon Merger or Consolidation Into Bank, Federally Chartered Bank or Out-of-State Bank or Upon Acceptance of Federal Charter; Effect of Acceptance of Federal Charter;... - Section 16. (a) Upon a merger or a consolidation by...

Section 17 - Notice to Depositors Insurance Fund Upon Proposal to Merge or Consolidate Co-Operative Bank Into a Bank or Upon Conversion to Federal Charter; Effect of Acceptance of Federal Charter; Effect of Conversion of Federal Bank or Federal Thrif... - Section 17. (a) Upon a proposal to merge or consolidate...

Section 18 - Interim Banks - Section 18. Notwithstanding any general or special law to the...