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Code · Massachusetts · Part I — ADMINISTRATION OF THE GOVERNMENT · Title XXII — CORPORATIONS · Chapter 167

Section 35B: Reports on banks in possession of commissioner

85 words·~1 min read·/ma/part-i/title-xxii/chapter-167/35b·

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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.
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