Mass. Gen. Laws ch. 171 § 47

Current through Chapter 223 of the 2024 Legislative Session

Section 171:47 - Agreements exculpating credit union for wrongful payment of account

Any agreement between a depositor or shareholder and any credit union which exculpates such credit union when an account, or any part thereof, is paid by such credit union to a person unlawfully presenting a passbook, or other instrument as evidence of such account is hereby declared to be contrary to public policy and void.

Mass. Gen. Laws ch. 171, § 47