{"data":{"id":"us-ma/mass.-gen.-laws-ch.-167j-1","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 167J, § 1","heading":"Definitions","body":"Section 1. As used in this chapter, the following words shall, unless the context clearly requires otherwise, have the following meanings:—\n''Bank'', an association or corporation chartered by the commonwealth under chapter 167H, 168, 170 or 172.\n''Board'', the board of trustees or directors in a bank.\n''Capital stock'', the sum of the par value of the preferred and common shares of capital stock of a stock corporation, issued and outstanding.\n''Commissioner'', the commissioner of banks.\n''Mutual bank'', an association or corporation chartered by the commonwealth under chapter 168 or 170 which is in mutual form.\n''Stock corporation'', a savings bank under chapter 168, a co-operative bank under chapter 170, which has been chartered, converted or reorganized to a stockholder form of corporation or a trust company under chapter 172.\n''Surplus account'', an account so designated on the books of a bank and consisting of amounts required by law.","path":["Part I","Title XXII","Chapter 167J"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter167J/Section1","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:24:00Z","sha256":"3c8b3cc5456f11a806a855cac9f1e097beb209e9790ff9df177dfecb662564ec","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-167i-18","next":"us-ma/mass.-gen.-laws-ch.-167j-2"},"notice":"GroundRules: Original legal text. Not legal advice."}