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Selected Opinions of the Division of Banks related to banks

Through these opinions, the Division of Banks (DOB) offers perspective on current issues and questions specific to banks.

Table of Contents

2010

2009

  • Selected Opinion 09-009
    • Providing credit under the Community Reinvestment Act for lenders who participate in the Neighborhood Stabilization Program - April 27, 2009

2006

  • Selected Opinion 06-082
    • Whether a bank's participation in the Holocaust Restitution Payment Fee Waiver Program would qualify for consideration under the Community Reinvestment Act - December 1, 2006

2005

  • Selected Opinion 05-160
    • Whether state-chartered banks can make any Adjustable Rate Mortgage Loan saleable in the secondary market or only as authorized by recent amendments to G.L. c. 167E - April 26, 2005
  • Selected Opinion 05-069
    • Crediting to a customer's account of a deposit to an out-of-state bank at the time it is received at a courier's or another service facility in Massachusetts constitute a branch office - August 24, 2005

2004

  • Selected Opinion 04-015
    • Impact of recent amendments to the Pre-Need Funeral Contract Regulations, 239 CMR 4.00, on banks and Funeral Trust Account deposits - February 27, 2004
  • Selected Opinion 04-008
    • Determination of authorized state depository for holding collateral in lieu of a bond for used car dealers - March 5, 2004

2003

  • Selected Opinion 03-049
    • Whether the activities of the New England Pension Assistance Project qualify under the Massachusetts Community Reinvestment Act - May 16, 2003
  • Selected Opinion 03-038
    • Whether a state-chartered credit union or banking institution's participation in a program Is a qualified activity under the Massachusetts Community Reinvestment Act - April 9, 2003

2002

  • Selected Opinion 02-038
    • Computation of capital for purposes of determining the aggregate loan limitation - April 19, 2002
  • Selected Opinion 02-037
    • Permissibility of an out of state bank to perform fiduciary activities in Massachusetts - April 2, 2002
  • Selected Opinion 02-035
    • Permissibility to offer bank customers a courier service through an independent third party courier service - April 2, 2002
  • Selected Opinion 02-008
    • Is statute triggered by word bank in a product brand name - June 26, 2002
  • Selected Opinion 02-003
    • Charging of fees for the purchase of bank checks or money orders under 18-65 accounts - January 23, 2002

2001

2000

1999

1998

Selected Opinions related to banks: 97-254 through 97-053

Past opinions of the DOB

You can get copies of past opinions by submitting a Public Records Request to the DOB's Record Access Officer.

The DOB's Regulations, found in the Code of Massachusetts Regulations (CMR - agency code number 209), are available through the State House Bookstore.

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