Massachusetts § 35B - Reports on banks in possession of commissioner
Full text of Massachusetts Massachusetts General Laws § 35B — Reports on banks in possession of commissioner, with citation guidance and answers to common questions.
§ 35B. Reports on banks in possession of commissioner
Section 35B. The commissioner shall, while any such bank is in his possession, issue, from time to time, at intervals of not more than six months, reports with respect to such bank containing a statement of its receipts and expenditures, and a general report as to the progress of its liquidation, including an estimate of the liquidating value of its remaining assets and liabilities appropriately classified. Said reports shall be available to the depositors and to the stockholders or shareholders, if any, of such bank.
Source: official Massachusetts text · Last verified 2026-08-27
Frequently Asked Questions About Massachusetts § 35B
What does Massachusetts General Laws § 35B cover?
Section 35B ("Reports on banks in possession of commissioner") is part of the Massachusetts General Laws, the codified statutory law of Massachusetts. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Massachusetts § 35B?
A common citation format is "Massachusetts General Laws § 35B" (Massachusetts). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Massachusetts law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Massachusetts official source linked on this page or consult a licensed Massachusetts attorney.
How does Massachusetts § 35B apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Massachusetts can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Massachusetts.