Mass. Gen. Laws » Part II Title II Chapter 203
Massachusetts General Laws

Mass. Gen. Laws ch. 203, § 4A (2026)

Definitions applicable to this section and Sec. 4B

✓ current as of July 2026
Find cases: SyfertCases citing this section MAmalegislature.gov (official) JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

Section 4A. The following words as used in this section and section four B shall, unless the context otherwise requires, have the following meanings:—

''Customer''—any resident of this commonwealth, who engages in trust business with, or enters into discussions or correspondence creating a trust business relationship with a fiduciary, or where such relationship arises from a revision or amendment of an existing trust relationship involving any material change in matters subject to disclosure under this section and section four B except in such cases where the resulting fiduciary functions are to be performed without compensation.

''Trust business''—any activity conducted by an executor of a will or codicil, an administrator with the will annexed, an administrator of the estate of any person, a guardian, a conservator, or a trustee under a will or instrument creating a trust for the care and management of property, while he is acting in such a fiduciary capacity.

''Fiduciary''—as used in this section refers to any corporation, bank, trust company or individual who charges compensation for its or his services while acting in any of the capacities set forth in the paragraph defining ''Trust Business'', and whose gross annual compensation from all such fiduciary services is in excess of twenty-five thousand dollars for each of the three next immediate preceding taxable years.

''Trust company''—any trust company incorporated in the commonwealth and any corporation or association which acts as a corporate fiduciary or trustee within the commonwealth.

Notes of Decisions
Cited in 1 case, 1997–1997 · leading case: First Fiduciary Corp. v. Comm'r of Banks, 684 N.E.2d 1 (Mass. App. Ct. 1997).
Sort: Relevance Newest Treatment
First Fiduciary Corp. v. Comm'r of Banks, 684 N.E.2d 1 (Mass. App. Ct. 1997). · cites it 4× “More to the point, Fiduciary asserts, there is no statutory basis for regulation of a corporation that does nothing except perform fiduciary services; rather such legislative restraint as exists regarding trustees is that which is imposed by G. L. c. 203, §§ 4A and 4B. OCB’s…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.