Definitions
M.G.L. c. 167D, § 1
in effectc. 167D, § 1. Definitions
Section 1. As used in this chapter, the following words shall, unless the context clearly requires otherwise, have the following meanings:—
''Bank'', a savings bank, co-operative bank or trust company incorporated as such in the commonwealth.
''Board'', the board of trustees or directors of a bank.
''Commissioner'', the commissioner of banks.
''Federally-chartered bank'', a national bank association, a federal savings and loan association, a federal savings bank or a federal credit union authorized to do business in the commonwealth.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter167D/Section1Fetched: 10/20/2026
