Mass. Gen. Laws » Part III Title IV Chapter 255E
Massachusetts General Laws

Mass. Gen. Laws ch. 255E, § 10 (2026)

Penalties

✓ text as last checked Sept. 2026 (this copy records no edition or section history)
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Section 10. Whoever violates section 2 or any rule or regulation promulgated thereunder shall be punished by a fine of not more than $2,000 or by imprisonment in the house of correction for not more than 2 1/2 years or by imprisonment in state prison for not more than 5 years, or both such fine and imprisonment. Each day such violation occurs or continues shall be deemed a separate offense. The penalty provision of this section shall be in addition to, and not in lieu of, any other law applicable to a licensee or other person for violating section 2 or any rule or regulation made thereunder.

Notes of Decisions
Cited in 1 case, 2018–2018 · leading case: Paulding v. Shellpoint Mortg. Servicing, No. 1:17-cv-11340 (D. Mass. Jan. 11, 2018).
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Paulding v. Shellpoint Mortg. Servicing, No. 1:17-cv-11340 (D. Mass. Jan. 11, 2018). “” Mass. Gen. Laws ch. 255E, § 10. Section 11 provides for additional monetary penalties that the Commissioner of Banks may impose by order.”
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