Massachusetts General Laws

Mass. Gen. Laws ch. 246, § 28A (2026)

Monies held by banks or similar institutions; exemption; limitations

✓ current as of July 2026
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Section 28A. Twenty-five hundred dollars of any natural person in an account in a trust company, savings bank, cooperative bank, credit union, national banking association or other banking institution doing business in the commonwealth shall be exempt from attachment by trustee process. A trustee summons served on any such institution shall describe the exemption with reference to this section. Upon service of a trustee summons, the trustee shall answer as subject to attachment only so much money of the defendant that exceeds $2,500.

No business, trust or organization shall be entitled to the exemption in this section and no natural person shall be entitled to more than a $2,500 exemption at any one time. In any action, the plaintiff may apply to the court for further attachments upon proof by certified records of a trustee that the defendant has received an exemption not authorized under this section or that the $2,500 exemption of the defendant has been in whole or in part exhausted or exceeded.

Notes of Decisions
Cited in 5 cases, 1996–2014 · leading case: Bakwin v. Mardirosian, 6 N.E.3d 1078 (Mass. 2014).
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Bakwin v. Mardirosian, 6 N.E.3d 1078 (Mass. 2014). · cites it 2× “G. L. c. 246, § 28A, as amended by St. 1975, c.”
Aetna Cas. & Sur. Co. v. Rodco Autobody, 965 F. Supp. 104 (D. Mass. 1996). “2(a); 8 (4) an amount up to $500 of monies held in a banking institution doing business in Massachusetts, Mass. Gen. L. ch. 246, § 28A; (5) an automobile required for personal transportation not exceeding $700 in value, Mass.”
In re Sutherland, 495 B.R. 134 (Bankr. D. Mass. 2013). · cites it 14× “235, § 34 (fífteenth) and Mass. Gen. Laws ch. 246, § 28A, Mr. Sutherland claimed as exempt a total of $5,000 in cash and depository accounts and Ms.”
Astuccio v. R.K. Ahern Co., 9 Mass. L. Rptr. 97 (Mass. Super. Ct. 1998). · cites it 2× “00 one time exclusion set forth in G.L.c. 246, §28A, the Trustee Bank cannot account for the fact that it answered the complaint stating that it held $2,232.”
DeGiacomo v. Tobin & Assocs., P.C. (In re Inofin Inc.), 519 B.R. 568 (Bankr. D. Mass. 2014). · cites it 2× “2 2 and *572 Mass. Gen. Laws c. 246, § 28A 3 with respect to the deposit account at Santander in the amount of $82,325.”
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