Corporate Governance Provisions and Requirements

  1. Law
  2. Massachusetts General Laws
  3. Administration of the Government
  4. Corporations
  5. Corporate Governance Provisions and Requirements

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Section
1

Definitions

Section
2

Bond of Officers and Employees of Bank

Section
3

Duties of Treasurer of Bank Under Other Provisions of Law

Section
4

Misconduct of Officer, Director, Agent or Employee of Bank

Section
5

Fee, Commission, Gift or Other Consideration in Connection With Business of Corporation

Section
6

Penalty for Violations of Secs. 5 or 10

Section
7

Payment of Interest on Deposit Accounts

Section
8

Trustee, Director or Other Officer of Bank Simultaneously Serving in Same Capacity for Certain Other Institutions

Section
9

Annual Statement of Condition of Bank

Section
10

Loans or Extensions of Credit to Officer, Director or Trustee of Bank

Section
11

Quarterly Written Reporting of Summary of Transactions and Other Information Requested by Board

Section
12

Audit of Balance Sheet and Other Financial Statements of Mutual Bank

Section
13

Maintenance of Capital and Surplus or Surplus Account Deemed Adequately Capitalized

Section
14

Capital Stock of Stock Corporation

Section
15

Report of Transfer of Stock Resulting in Ownership of 10 per Cent or More of Outstanding Stock With Voting Power

Section
16

Determination of Record Date of Right to Notice of and to Vote at Stockholder's Meeting

Section
17

Declaration of Dividends

Section
18

Grant of Options to Purchase, Issue and Sell Shares of Capital Stock to Directors, Officers and Employees

Section
19

Stock Purchase Plans, Restricted Stock Purchase Plans and Stock Grant Plans for Employees, Officers and Directors

Section
20

Issue and Sale of Capital Notes and Debentures

Section
21

Election of Alternative Corporate Governance Procedures; Designation in By-Laws of Body of Law Selected for Corporate Governance Procedure