Massachusetts General Laws ch. 235 sec. 33 – Bank notes taken on execution
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Section 33. Bank notes and all other bills or evidences of debt, issued by a moneyed corporation and circulated as money, may be taken on execution and paid to the creditor at their par value as money collected, if he will accept them; otherwise, they shall be sold like other chattels.
Terms Used In Massachusetts General Laws ch. 235 sec. 33
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.