Massachusetts General Laws

Mass. Gen. Laws ch. 26, § 4 (2026)

Supervisor of loan agencies

✓ current as of July 2026

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Section 4. The commissioner of banks, with the approval of the governor and council, may appoint and remove a deputy as supervisor of loan agencies, who shall give bond in the sum of five thousand dollars, with sufficient sureties, payable to and approved by the state treasurer.

Notes of Decisions

Cited in 2 cases, 1965–1971 · leading case: Commonwealth v. Beneficial Fin. Co., 275 N.E.2d 33 (Mass. 1971).

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Commonwealth v. Beneficial Fin. Co., 275 N.E.2d 33 (Mass. 1971). “G. L. c. 26, § 4. In 1962, and at all times material to this case, the supervisor of loan agencies and Deputy Commissioner of Banks was Martin J.”

Pioneer Credit Corp. v. Comm'r of Banks, 207 N.E.2d 51 (Mass. 1965). “The defendant Hanley is the deputy commissioner of banks *216 and supervisor of loan agencies under G. L. c. 26, § 4, as amended by St. 1941, c.”

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