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12 sections in this chapter.
Mass. Gen. Laws ch. 167H, § 1 Definitions
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Section 1. As used in this chapter the following words, unless the context otherwise requires, shall have the following meanings:— ''Commissioner'', the commissioner of banks. ''Interim bank'', a Massachusetts or federal bank, out-of-state bank or out-of-state federal bank organi…
Mass. Gen. Laws ch. 167H, § 10 Acquisition or merger with another holding company
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Section 10. If a mutual holding company acquires or merges with another holding company under the provisions of clause (3) of section seven, the holding company acquired or the holding company resulting from such merger or acquisition may only invest in assets and engage in activ…
Mass. Gen. Laws ch. 167H, § 11 Subsidiary banking institution; issuance of securities to general public
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Section 11. In addition to its powers under the banking laws, any subsidiary banking institution shall, with the prior approval of the commissioner and subject to such regulations as he may prescribe, have the right to issue any securities as defined in section one and to take or…
Mass. Gen. Laws ch. 167H, § 12 Conversion of mutual holding company to a mutual banking institution
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Section 12. A mutual company directly or indirectly controlling or owning 1 or more wholly owned stock bank subsidiaries or stock holding companies may elect to convert from a mutual holding company to a mutual banking institution organized under the original charter of its subsi…
