HOUSE DOCKET, NO. 2467        FILED ON: 1/14/2009

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 981

The Commonwealth of Massachusetts

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In the Year Two Thousand Nine

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An Act relative to certain banking 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 1.  Paragraph 31 of section 2 of chapter 167F of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by striking out the third paragraph and inserting in place thereof the following paragraph:--

To participate in the redevelopment access to capital program created under section 60 of chapter 23A and to make the loans and create the reserve and take any and all other actions as may be necessary or appropriate for participating in such program.

SECTION 2.  Section 34C of Chapter 168 of the General Laws, as so appearing, is hereby amended by inserting, in line 14, after the word “inclusive” the words: “and section twenty-five”.             

SECTION 3.  Section 26C of Chapter 170 of the General Laws, as so appearing, is hereby amended, in line 15, by striking out the words “ten, inclusive” and inserting in place thereof the words: “eleven, inclusive, and section fourteen”.

SECTION 4.  Section 63A of chapter 183 of the General Laws, as so appearing, is hereby amended by striking out the second sentence.

SECTION 5.  Section 67 of chapter 183 of the General Laws, as so appearing, is hereby amended by striking out in lines 2 and 3, the words “paragraph 14A of subsection B of section 2” and inserting in place thereof the following:  section 7.