This page, Mass. General Laws c.167J, § 11, is offered by

Mass. General Laws c.167J, § 11

Quarterly written reporting of summary of transactions and other information requested by board

This is an unofficial version of a Massachusetts General Law. For more information on this topic, please see Law about credit and banking.

Table of Contents

Updates

Amended by St.2020, c.338, § 7, effective April 12, 2021.

Section 11

Not less frequently than quarterly, the treasurer or other officer or committee designated by the board shall submit to a meeting of the board, or to a meeting of a committee, if the receipt of the reports has been delegated by the board to that committee, a written report, over signature of the treasurer, for the period running from the closing date of the last report to (i) the close of the last business day of the preceding month or the close of a business day not more than 10 days before the date of the meeting; or (ii) a date not more than 18 days before the date of the meeting at which the report is submitted. The report shall be filed with the records of the meeting and shall be retained for a period of 6 years from the date of the meeting. The report shall provide a summary of the transactions and other information requested by the board.

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Last updated: January 12, 2021
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