Session Laws

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

Section 3 of chapter 167B of the General Laws, as appearing in the 1984 Official Edition, is hereby amended by striking out the fifth paragraph and inserting in place thereof the following paragraph:-

Such electronic branches shall not be used to apply for or to open a new account with or to apply for or to obtain a loan, other than against a preauthorized line of credit, or authorization of a new line of credit from any financial institution, nor shall any such electronic branch, other than an electronic branch located at an office of a financial institution or organization, be used to solicit any additional services offered by a financial institution or organization.