§ 1 Definitions
§ 2 Main office; change of location
§ 3 Branch offices or depots
§ 4 Mobile branch banking
§ 5 Investigation fees; classifications and differentiations of banks
§ 6 Establishment of branch by bank through merger or consolidation with or purchase of foreign, out-of-state or out-of-state federal bank
§ 7 Branch de novo in foreign state or country
§ 8 Cooperative agreements with other jurisdictions for regulatory supervision of branches
§ 9 Bank as agent for another banking institution
§ 12 Purchase, establishment, installation, etc. of electronic branches; location; safeguards
§ 13 Establishment of branch by out-of-state bank or out-of-state-federal-bank through merger or consolidation with or purchase of Massachusetts bank
§ 14 Establishment of branch de novo; purchase of branch without purchasing bank; applicable laws
§ 15 Foreign banks; certificate to transact business; housing partnership fund
§ 16 Establishment of branch by foreign bank through merger or consolidation with any bank or federal bank
§ 17 Out-of-state, out-of-state federal or foreign bank acting in fiduciary capacity pursuant to chapter 167G; certificate of authorization
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Terms Used In Massachusetts General Laws > Chapter 167C - Bank Locations

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.