Mass. Gen. Laws ch. 167J § 13
Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
A bank shall maintain capital and surplus if a stock corporation or a surplus account if a mutual institution necessary to be deemed, at a minimum, adequately capitalized as determined by the federal deposit insurance agency which insures the deposits of the bank or, if applicable, by the commissioner.
Mass. Gen. Laws ch. 167J, § 13