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MA H954

MA H954
Protecting the use of bank names, trade names and trademarks in electronic communications


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to the use of bank names, trade names and trademarks in electronic communications. Financial Services.

AI Summary

This bill aims to protect the use of bank names, trade names, and trademarks in electronic communications. It prohibits any person, corporation, or similar entity from using the name, trade name, or trademark of any bank, federal bank, federal credit union, or their subsidiaries in advertisements or solicitations without the express written consent of the financial institution. The bill also restricts making references to existing banks or their loan information in advertisements or solicitations, unless certain clear and conspicuous disclosures are made. Violations of these provisions would be considered an unfair and deceptive practice under the state's consumer protection laws.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H4705 (on 06/03/2024)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H954
BillText https://malegislature.gov/Bills/193/H954.pdf
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