Branch banks on university grounds authorized

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MA Code › Part I › Title XII › Chapter 75 › Section 2A

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Section 2A. Notwithstanding any contrary provisions of law, the board of bank incorporation or the commissioner of banks is hereby authorized to allow a bank, as defined in section one of chapter one hundred and sixty-seven, to establish and maintain a branch on the grounds of the university, all branches individually, provided that the board of trustees of said university shall determine the method and terms of the lease if applicable or rental thereof.

Section 2A. Notwithstanding any contrary provisions of law, the board of bank incorporation or the commissioner of banks is hereby authorized to allow a bank, as defined in section one of chapter one hundred and sixty-seven, to establish and maintain a branch on the grounds of the university, all branches individually, provided that the board of trustees of said university shall determine the method and terms of the lease if applicable or rental thereof.

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