Mass. Gen. Laws ch. 171 § 66

Current through Chapter 223 of the 2024 Legislative Session
Section 171:66 - Restrictions on real estate mortgage loans

Prior to making mortgage loans on real estate pursuant to sections 65 to 65E, inclusive, a credit union shall require a person obligated from time to time to make payments under a mortgage, whether as the original borrower or as a subsequent owner of a mortgaged property, to be or become a member of the credit union.

Mass. Gen. Laws ch. 171, § 66

Amended by Acts 2020, c. 338,§ 58, eff. 4/12/2021.
Amended by Acts 2008, c. 454,§ 2, eff. 4/5/2009.