Mass. Gen. Laws ch. 140 § 114

Current through Chapter 223 of the 2024 Legislative Session
Section 140:114 - Companies, associations and societies not required to procure a license

Loan companies and loan associations established by special charter, and fraternal mutual benefit societies the membership of which is limited to the employees of any one person and which make loans to its members only, shall be subject to the supervision of the commissioner, but need not procure a license.

Mass. Gen. Laws ch. 140, § 114