Mass. Gen. Laws ch. 172 § 4

Current through Chapter 223 of the 2024 Legislative Session

Section 172:4 - Capital structure upon incorporation

A trust company shall upon its incorporation have such capital structure as the board of bank incorporation shall deem adequate. Such capital structure may vary by the board based on the application and business plan submitted.

Mass. Gen. Laws ch. 172, § 4

Entire chapter amended by Acts 2014, c. 482,§ 58, eff. 4/7/2015.