For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Capital stock as security for performance of duty

M.G.L. c. 167G, § 9
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
c. 167G, § 9. Capital stock as security for performance of duty Section 9. 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.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter167G/Section9Fetched: 10/20/2026

Starting a business in Massachusetts? Massachusetts LLC guide: costs and requirements