{"data":{"id":"us-ma/mass.-gen.-laws-ch.-140d-23","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 140D, § 23","heading":"Transfer of funds following default of debt; written notice; applicability","body":"Section 23. No bank or credit union shall transfer any funds held in any account of the customer in said bank or credit union as a consequence of a default of a debt owed to such institution unless the customer has been provided a written notice, prior to the time the loan is made, which states the institution may transfer such funds to reduce or extinguish such a debt. The provisions of this section shall not apply to open-end-credit plans which are subject to section twenty-one.","path":["Part I","Title XX","Chapter 140D"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXX/Chapter140D/Section23","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:21Z","sha256":"72393510d588ca15853ee1368e1e67bb59093e04b6ae1c485a10905f74a2f0b3","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-140d-22","next":"us-ma/mass.-gen.-laws-ch.-140d-24"},"notice":"GroundRules: Original legal text. Not legal advice."}