Section 4A–107. Regulations of the board of governors of the federal reserve system and operating circulars of the federal reserve banks shall supersede any inconsistent provision of this Article to the extent of such inconsistency.

Terms Used In Massachusetts General Laws ch. 106 sec. 4A-107

  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC