• Background regarding Division of Banks Selected Opinions

    The publication of these Selected Opinions, as well as the previously issued Annual and Quarterly Digests, is part of the Division's ongoing effort to continue to improve its communication with all those who have a vested interest in the financial services industry. Through these Selected Opinions and Digests, the Division offers its perspective on current issues and questions in the financial services industry. As always, requests for opinions from the Division must be addressed directly to the Commissioner of Banks, Massachusetts Division of Banks, 1000 Washington Street, 10th Floor, Boston, MA 02118-6400 and must include a statement of all relevant facts, cites to applicable statutes and regulatory documents and an analysis of those materials supporting your position. The Division acknowledges receipt of opinion requests by assigning each a number. Any subsequent inquiries to the Division about an opinion request should refer to this opinion number.
  • Selected Opinion 01-104

    Do Annuity Sales and Other Activities Require Approval - August 13, 2001
  • Selected Opinion 99A-542

    Bank Lease of Space to Third Party for NDIP Sales - December 9, 1999
  • Selected Opinion 99A-326

    Bank Sales of Mutual Funds and Annuities - July 27, 1999
  • Selected Opinion 98-250

    Joint DOB/DOI Industry Comments - March 24, 1999
  • Selected Opinion 98-247

    Bank Lease of Space to Insurance Agency - January 28, 1999
  • Past opinions of the Division of Banks

    Copies of past opinions may be obtained for a fee from the Division's Consumer Assistance Unit at (617) 956-1502, and must be paid for by check. The Division's Regulations, found in the Code of Massachusetts Regulations (CMR - agency code number 209), are available through the State House Bookstore, State House Room 116, Boston, Massachusetts, 02133. Please contact the bookstore directly for prices at (617) 727-2834.