Section 14: Agreements to exculpate bank from payment of deposit account to person unlawfully presenting evidence of account
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/ma/part-i/title-xxii/chapter-167d/14·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 14. Any agreement between a depositor and any bank which exculpates such bank when a deposit account, or any part thereof, is paid by such bank to a person unlawfully presenting a passbook, or other instrument as evidence of such account is hereby declared to be contrary to public policy and void.