An Act making changes to certain references in the banking laws of the Commonwealth

HD 481 updates technical references and terminology in Massachusetts banking laws to reflect current structures. It replaces outdated chapter references (e.g., changing "chapter 168" to "chapter 167J") and modernizes language, such as substituting "banks and banking" with "financial services" in several sections. The bill also clarifies procedural terms like adding "present and voting" to voting requirements for bank boards. These changes primarily affect banking regulations and legal documents, ensuring consistency without altering substantive policy. It is a procedural correction bill, not a policy change.