Section 66: Person obligated to make payments under mortgage to be member of credit union
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/ma/part-i/title-xxii/chapter-171/66·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 66. Prior to making mortgage loans on real estate pursuant to sections 65 to 65E, inclusive, a credit union shall require a person obligated from time to time to make payments under a mortgage, whether as the original borrower or as a subsequent owner of a mortgaged property, to be or become a member of the credit union.