Section 4. Money, property or securities received, invested or loaned by the trust department of any such bank, shall be a special deposit in such corporation, and the accounts thereof shall be kept separate. Such funds and the investment or loans thereof shall be specially appropriated to the security and payment of such deposits, shall not be mingled with the investments of the capital stock or other money or property belonging to such bank, or be liable for the debts or obligations thereof.
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