Bill > H1232

This bill makes several technical amendments to various Massachusetts banking laws, primarily updating references, clarifying language, and making minor procedural adjustments across different chapters of the General Laws. The changes include updating terminology from "banks and banking" to "financial services" in certain sections, modifying voting procedures for bank mergers and consolidations to specify "present and voting" language, clarifying rules around interim banks and bank mergers, and standardizing references to different types of banks (such as mutual, stock, federal, and state-chartered banks). These amendments appear to be primarily housekeeping measures designed to improve the consistency and clarity of banking regulations, ensuring that legal references are current and precise. The bill affects multiple chapters related to banking, including chapters 62C, 63, 106, 110F, 149, 167, 167B, 167C, 167E, 167H, 167I, 167J, and 168, making technical corrections that do not fundamentally alter the substantive banking regulations but instead refine their language and internal references.

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https://malegislature.gov/Bills/194/H1232