Mass. Gen. Laws ch. 167G § 9

Current through Chapter 223 of the 2024 Legislative Session

Section 167G:9 - Capital stock as security for performance of duty

The capital stock of a trust company, or such funds of a savings bank or co-operative bank as determined by the commissioner shall be security for the faithful performances of duties undertaken by the trust department of a bank.

Mass. Gen. Laws ch. 167G, § 9