General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE XXII. CORPORATIONS |
CHAPTER 167H. MUTUAL HOLDING COMPANIES |
SECTION 1. Definitions |
SECTION 2. Reorganization of mutual banking institution |
SECTION 3. Notice of proposed reorganization to commissioner; factors to be considered |
SECTION 4. Board of corporators; members; term; election |
SECTION 5. Application for proposed formation of subsidiary banking institution; factors to be considered; issuance of charter |
SECTION 6. Rights, powers and privileges of reorganized mutual banking institution; corporate governance procedures |
SECTION 7. Mutual holding company; powers and duties |
SECTION 8. Registration with commissioner; requisite information |
SECTION 9. Conversion to stock holding company |
SECTION 10. Acquisition or merger with another holding company |
SECTION 11. Subsidiary banking institution; issuance of securities to general public |
SECTION 12. Conversion of mutual holding company to a mutual banking institution |