Section 2. With the written authority of the commissioner any such bank may have a trust department in which all business conducted by such department shall be segregated from its general business. The commissioner may grant or refuse such authority after such investigation of the affairs of the bank as the commissioner deems appropriate.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 167g - Trust Department
Section 2 - Trust Department; Authorization
Section 4 - Segregation of Funds, Etc.
Section 5 - Investment of Funds or Assets
Section 6 - Surety Required Upon Bonds Filed by Bank as Fiduciary
Section 7 - Returns and Papers Signed and Sworn to by Bank Officers
Section 8 - Funds Held in Trust Department Awaiting Investment or Distribution
Section 9 - Capital Stock as Security for Performance of Duty