PocketLaw | Massachusetts General Laws | Supervision of Banks

Supervision of Banks

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Definitions

Rules and Regulations

Repealed, 2014, 482, Sec. 13

Examination of Banks

Definitions Applicable to Secs. 2a to 2g; Unfair Practices Involving Consumer Transactions; Rules and Regulations

Investigation of Unfair Practices

Proceedings Regarding Unfair Practices; Notice; Hearing

Unfair Practices; Findings; Cease and Desist Orders; Penalty; Modification of Order

Review of Cease and Desist Orders; Civil Liability

Violations of Cease and Desist Orders; Penalties

Penalties for Unfair Practices; Enforcement

Notice to Commissioner of Activity or Investment of Savings Bank, Co-Operative Bank or Trust Company; Waiver or Extension of Notice Period

Compliance With Federal Laws and Regulations

Confidentiality of Information Provided in Applications Filed With Commissioner

Meetings of Board of Directors or Board of Trustees of Bank; Reports on Bank Examinations; Records; Certificates

Summoning and Examination of Bank Officers

Request for Bank Examination

Manner and Form of Books and Accounts; Manner of Safeguard and Deposit of Money and Securities

Copies of Agreements Concerning Federal Reserve Regulations and Operating Letters, Clearing House Rules, etc.; Rules and Regulations

Statements and Reports Required by Commissioner or by Law

Failure to Make or Amend Return, Statement or Report

Destruction or Disposal of Records, etc.; Payment of Proceeds

Reports of Fraud, Embezzlement or Misconduct by Bank Officers or Employees

Shortages in Funds; Reports; Fine

Misconduct by Bank Officers; Suspension; Removal

Criminal Charges Against Bank Officers; Suspension or Removal From Office

Annual Reports

Credit Needs of Local Communities; Assessment of Banks; Regulations; Application for Establishment of Domestic Branch; Examination; Alternative Community Reinvestment Examination Procedure

Mortgage Review Boards; Members; Terms; Appointment; Meetings; Rules and Regulations

Repealed, 1996, 359, Sec. 4

Small Business Loan Review Boards; Members; Terms; Appointment; Meetings; Rules and Regulations

Annual List to Investment Committee of Banks Meeting Local Community Needs

Annual List of Legal Investments

Inclusion of Certain Investments in List of Legal Investments Upon Approval by Commissioner; Application by Credit Union; Refunding Bonds

Classes of Bonds, Notes or Other Interest-Bearing Federal, State and International Obligations in Which Entity May Invest

Classes of Bonds, Notes or Other Interest-Bearing Municipal Obligations in Which Entity May Invest

Investment in Bonds, Notes or Other Interest-Bearing Obligations of Railroad Corporations

Investment in Bonds of Company Engaged in the Business of Furnishing Telephone Service

Investment in Bonds, Notes or Other Interest-Bearing Obligations of Gas, Electric Light or Water Company or Bonds of Company Supplying Electrical Energy or Artificial Gas or Natural Gas Purchased From Another Company

Investment in Common Stock of Banking Corporations and Bank Holding Companies

Purchase of Stock of Savings or Co-Operative Bank, Federal Savings and Loan Association or Federal Saving Bank

Investment in Capital Stock of Insurance Company Conducting Fire and Casualty Insurance Business

Classes of Securities in Which Entity May Invest

Repealed, 1987, 296, Sec. 1

Repealed, 1996, 359, Sec. 5

Appraisal of Real Estate in Case of Excessive Loan

Losses of Bank Exceeding Surplus and Other Reserve Accounts

Verification of Savings Accounts

Closing of Banks

Assent to and Participation in Bank Reorganization by Government Officers

Taking Possession of Property and Business of Bank by Commissioner

Notice of Taking Possession of Bank by Commissioner

Collection of Moneys Due and Liquidation of Affairs of Banks in Possession of Commissioner

Prosecution and Defense of Suits and Other Legal Proceedings; Sales of Property

Appointment of Agents to Assist in Liquidation and Distribution; Federal Agencies as Liquidating Agent; Subrogation Rights

Assistance of Federal Agency as Liquidating Agent; Notice Requirements

National Credit Union Administration Board as Liquidating Agent of Credit Unions; Subrogation Rights

Inventory of Bank Assets

Notice to Claimants; Claims Presented

List of Claims Presented

Fees and Expenses

Dividends; Objections to Claims

Dividend Payments to Minors; Disposition of Accounts of Decedents

Property Deposited With Bank; Disposition

Bank Aggrieved by Action of Commissioner; Application for Injunction

Stockholders' Meeting

Unclaimed Dividends and Funds

Destruction of Books, Records, Etc. Concerning Bank and Liquidation Thereof

Reports on Banks in Possession of Commissioner

Equity Jurisdiction of Supreme Judicial Court

Appointment of Conservator; Powers and Duties; Compensation; Termination; Equity Jurisdiction of Supreme Court

Unauthorized Banking

Examination of Accounts, Books and Papers to Determine Violation of Sec. 37

Student Bank Programs

Repealed, 2014, 482, Sec. 20

Repealed, 1982, 626, Sec. 2

Repealed, 2014, 482, Sec. 20

Repealed, 1982, 626, Sec. 2

39c - Repealed, 2014, 482, Sec. 20

Examination of Foreign or Out-of-State Banks; Charges; Availability of Reports and Information; Cooperation With Other Jurisdictions

Registration With Commissioner; Reports

Access to Vaults, Books and Papers; Summoning Witnesses; Administering Oaths

Insolvent Foreign or Out-of-State Banks; Injunction

43a - Repealed, 2014, 482, Sec. 22

To 45a - Repealed, 1982, 626, Secs. 1, 2

Honoring and Cashing of Pensioners' and Retirees' Checks

Repealed, 2010, 234, Sec. 1

Financing of Premises Containing Lead in Paint, Plaster or Materials

Definitions Applicable to Secs. 49 to 51

Compliance Review Supervisor

Compliance Review Documents; Confidentiality