# Mass. Gen. Laws ch. 167F, sec. 8: Subscription for and acquisition of stock issued by Federal Reserve Bank of Boston

> Massachusetts · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S8

## Section

- **Citation:** Mass. Gen. Laws ch. 167F, sec. 8
- **Heading:** Subscription for and acquisition of stock issued by Federal Reserve Bank of Boston
- **Jurisdiction:** Massachusetts
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MA Code / Part I / Title XXII / Chapter 167F / Section 8

## Text

Section 8. Any such bank may subscribe for and acquire stock issued by the Federal Reserve Bank of Boston for the purpose of qualifying for membership in the federal reserve system, and while a member of such system may have and exercise any and all of the corporate powers and privileges which may be exercised by federal reserve member banks.

Section 8. Any such bank may subscribe for and acquire stock issued by the Federal Reserve Bank of Boston for the purpose of qualifying for membership in the federal reserve system, and while a member of such system may have and exercise any and all of the corporate powers and privileges which may be exercised by federal reserve member banks.

## Nearby sections

- [Mass. Gen. Laws ch. 167F, sec. 1 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S1.md)
- [Mass. Gen. Laws ch. 167F, sec. 2 Powers](https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S2.md)
- [Mass. Gen. Laws ch. 167F, sec. 2A Sale of insurance by banks](https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S2A.md)
- [Mass. Gen. Laws ch. 167F, sec. 3 Investments; classes of stocks](https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S3.md)
- [Mass. Gen. Laws ch. 167F, sec. 4 Selling, issuing or registering checks or money orders; multi-state licensing system](https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S4.md)
- [Mass. Gen. Laws ch. 167F, sec. 5 Federal Home Loan Bank; membership; investment in stock](https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S5.md)
- [Mass. Gen. Laws ch. 167F, sec. 8 Subscription for and acquisition of stock issued by Federal Reserve Bank of Boston](https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S8.md)
- [Mass. Gen. Laws ch. 167F, sec. 9 Membership in certain organizations](https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S9.md)
- [Mass. Gen. Laws ch. 167F, sec. 10 Investment, etc. in services from another bank for purposes of obtaining or furnishing technology, trust services, operation functions, staff, etc.](https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S10.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MA_PI_TXXII_C167F_S8. Check the current official text before relying on it. Not legal advice.