Section 8. A banking institution, a bank holding company, a company or a mutual holding company, as defined in section 1 of chapter 167H, may request that specific information in any application filed with the board of bank incorporation be eligible for confidential treatment. The following information shall be eligible for confidential treatment: (i) personal information, the release of which would constitute a clearly unwarranted invasion of privacy; (ii) commercial or financial information, the disclosure of which could result in substantial competitive harm to the submitter; and (iii) information, the disclosure of which could seriously affect the financial condition of any such banking institution, bank holding company, company or mutual holding company. The board may determine that certain information should be treated as confidential and withhold that information from the public file.
If any such banking institution, bank holding company, company or mutual holding company requests confidential treatment for information that the board determines not to be confidential, the board may include that information in the public file after notifying the banking institution, bank holding company, company or mutual holding company.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 167a - Bank Holding Companies
Section 2 - Board of Bank Incorporation; Acts Requiring Approval by Board
Section 3 - Acts Not Requiring Approval by Board; Applicability of Secs. 2 and 4
Section 3a - Bank Holding Company Subsidiaries Acting as Agents
Section 6 - Fines and Penalties for Violations
Section 7 - Supreme Judicial Court; Jurisdiction to Enforce Chapter