Mass. Gen. Laws ch. 167 § 6
Current through Chapter 223 of the 2024 Legislative Session
The commissioner may prescribe the manner and form of keeping the books and accounts of a bank and the extent to which they shall be audited. For a credit union, the commissioner may prescribe the manner of safeguarding its money and securities and may promulgate regulations under which a credit union may deposit its securities with savings banks, co-operative banks, trust companies or banking associations for safekeeping.
Mass. Gen. Laws ch. 167, § 6