General Laws of Massachusetts - Chapter 168 Savings Banks - Section 24 Wrongful payment or authorization of payment of interest

Section 24. Any officer, agent, clerk or servant of a savings bank who pays or authorizes the payment of interest in violation of the provisions of section twenty-nine shall be punished by a fine of not more than one thousand dollars or by imprisonment for not more than six months.

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Last modified: September 11, 2015