Comment # 1 on bug 1188724 from Petr Gajdos

Yes, the man page looks to be outdated.

util-linux-2.36.2/include/pathnames.h:#define    _PATH_MOTDFILE       
"/usr/share/misc/motd:/run/motd:/etc/motd"

I think login(1) man page explains motd message eventualities exhaustively. I
guess we could just remove the motd(5) page from man-pages. Eventually we could
add .so link which points motd(5) to login(1) man page, proposal at sr#909748.

Let me know what do you think.