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Session Laws

1987

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CHAPTER 588 AN ACT RELATIVE TO HOLDERS IN DUE COURSE.

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

Chapter 231 of the General Laws is hereby amended by inserting after section 91A the following section:-

Section 91B. It shall be a defense to any claim for libel or slander brought by a vendor against a purchaser of goods or services that the statement on which the claim is based relates to a loan from a bank used to purchase such goods or services and was made by the purchaser in good faith to an agent or employee of such bank.

Approved December 21, 1987.