Mass. Gen. Laws ch. 172 § 2

Current through Chapter 373 of the 2024 Legislative Session, with the exception of Acts not available as of 1/14/2025
Section 172:2 - Powers

A trust company shall have all the powers expressly granted by law and whatever further incidental powers may fairly be implied from those expressly conferred and such as are reasonably necessary to enable it to exercise fully those powers according to common or accepted banking customs and usages.

Mass. Gen. Laws ch. 172, § 2

Entire chapter amended by Acts 2014, c. 482,§ 58, eff. 4/7/2015.
This section is similar to former section 172:1A. .