Bill
Bill > H954
MA H954
MA H954Protecting the use of bank names, trade names and trademarks in electronic communications
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
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)
Official Document
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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