Massachusetts General Laws
Title XXII - Corporations
Chapter 170 - Co-Operative Banks

Section 1 - Definitions - Section 1. (a) As used in sections 1 to 9,...

Section 2 - Powers - Section 2. A co-operative bank shall have all the powers...

Section 3 - Change of Corporate Name - Section 3. A corporation formed pursuant to section 2 may...

Section 4 - Capital Structure Upon Incorporation - Section 4. A co-operative bank shall upon its incorporation have...

Section 5 - Formation of Co-Operative Bank; Powers, Privileges and Duties Related to Corporations; Agreement of Association - Section 5. Fifteen or more individuals who associate themselves by...

Section 6 - Notice of Intention to Form Co-Operative Bank; Application for Certificate - Section 6. A notice of the intention of the subscribers...

Section 7 - First Meeting of Incorporators - Section 7. The first meeting of the incorporators shall be...

Section 8 - Articles of Organization; Certificate of Incorporation - Section 8. The president, clerk or secretary and a majority...

Section 9 - List of Stockholders; Issuance of Certificate Authorizing Corporation to Begin Transaction of Business - Section 9. When all the capital stock has been issued...

Section 10 - Applicability of Sections to Mutual Banks and to Stock Banks - Section 10. A mutual bank shall be subject to sections...

Section 11 - By-Laws of Mutual Bank; Notice of Regular and Special Meetings of Shareholders; Meetings of Board of Directors - Section 11. The shareholders of a mutual bank shall make...

Section 12 - Members; Voting Rights - Section 12. Each person who is recorded on the books...

Section 13 - Board of Directors; Clerk; Directors and Officers; Records of Meetings - Section 13. The business and affairs of every such corporation...

Section 14 - Security Committee; Audit Committee - Section 14. At the first meeting of the board of...

Section 15 - Treasurer and Assistant Treasurer; Duties - Section 15. The treasurer shall keep the financial accounts and...

Section 16 - Adoption of By-Laws; Regulations Controlling Assignment and Transfer of Shares; Quorum - Section 16. Such corporation may adopt by-laws for the proper...

Section 17 - Stockholder Voting; Votes by Proxy - Section 17. Stockholders entitled to vote may vote in person...

Section 18 - Board of Directors of Co-Operative Bank; Executive Committee - Section 18. The business of such corporation shall be managed...

Section 19 - Election of Officers - Section 19. The clerk or secretary shall be elected by...

Section 20 - Action Without Meeting - Section 20. Subsection (a) to (d), inclusive, shall apply to...

Section 21 - Cooperative Banks Employees Retirement Association - Section 21. Fifteen or more cooperative banks may form the...

Section 22 - By-Laws of Cooperative Banks Employees Retirement Association - Section 22. The by-laws of the retirement association, and any...

Section 23 - Exemption of Cooperative Banks Employees Retirement Association Property and Funds From Taxation, Operation of Law Relating to Insolvency, Attachment and Execution; Assignment of Rights - Section 23. The property of the retirement association, the portion...

Section 24 - Co-Operative Banks Employees Benefit Association - Section 24. The participating members of the Co-operative Banks Employees...

Section 25 - By-Laws of Co-Operative Banks Employees Benefit Association - Section 25. The trustees of the Co-operative Banks Employees Retirement...

Section 26 - Exemption of Co-Operative Banks Employees Benefit Association Property From Taxation, Operation of Law Relating to Insolvency, Attachment and Execution; Assignment of Rights - Section 26. The property of the benefit association shall be...