Mass. Gen. Laws ch. 167J § 13

Current through Chapter 231 of the 2024
Section 167J:13 - Maintenance of capital and surplus

A bank shall maintain capital and surplus if a stock corporation or a surplus account if a mutual institution necessary to be deemed, at a minimum, adequately capitalized as determined by the federal deposit insurance agency which insures the deposits of the bank or, if applicable, by the commissioner.

Mass. Gen. Laws ch. 167J, § 13

Added by Acts 2014, c. 482,§ 53, eff. 4/7/2015.