{"data":{"id":"us-ma/mass.-gen.-laws-ch.-266-38a","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 266, § 38A","heading":"Construction loan; misapplication","body":"Section 38A. Whoever obtains a building or construction loan, secured by a mortgage of real estate, for the payment for labor furnished or to be furnished and/or materials used and/or employed or to be used and/or employed in the construction, repair, removal or alteration of a building or other structure which is attached or is to be attached to such real estate, and, before payment in full for all labor furnished or to be furnished and/or materials used or to be used and/or employed or to be employed as aforesaid, applies the proceeds of such loan, or any part thereof, to any use other than payment for labor and/or materials as aforesaid, shall be punished by a fine of not more than five hundred dollars or by imprisonment in jail for not more than one year, or both.","path":["Part IV","Title I","Chapter 266"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartIV/TitleI/Chapter266/Section38A","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:25:11Z","sha256":"da9b5a938adf53d17e26c49e114e210c6005655175e54aeb86f332f5c9bc97ca","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-266-38","next":"us-ma/mass.-gen.-laws-ch.-266-39"},"notice":"GroundRules: Original legal text. Not legal advice."}