Mass. Gen. Laws ch. 167D § 14

Current through Chapter 223 of the 2024 Legislative Session

Section 167D:14 - Agreements to exculpate bank for unlawful payment from deposit account

Any agreement between a depositor and any bank which exculpates such bank when a deposit account, or any part thereof, is paid by such bank 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. 167D, § 14

Entire chapter amended by Acts 2014, c. 482,§ 35, eff. 4/7/2015.

This section is similar to former section 167D:17. .