{"data":{"id":"us-ma/mass.-gen.-laws-ch.-171-73","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 171, § 73","heading":"Borrowing on behalf of credit union","body":"Section 73. The board of directors may borrow money for and on behalf of the credit union.\nThe board may, if the credit union has a deposit or share account, borrow money for and on behalf of the credit union from a savings bank, cooperative bank, federal savings and loan association, national bank or trust company, an entity identified by the commissioner or any federally-insured corporate credit union; provided, however, that money borrowed from any such institution shall be in an amount not more than the deposit or share account and shall extend not more than 1 year from the date on which the loan is made.","path":["Part I","Title XXII","Chapter 171"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter171/Section73","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:24:02Z","sha256":"93ae0b870fe00645780314487930f6de155e16fbcd5f6d54dce1b840fab850f3","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-171-72","next":"us-ma/mass.-gen.-laws-ch.-171-74"},"notice":"GroundRules: Original legal text. Not legal advice."}