Mass. Gen. Laws ch. 164 § 31

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session

Section 164:31 - Amount of stock in gas companies held by corporation

A manufacturing or other corporation having its place of business in a city or town where a gas company proposes to manufacture gas for light may hold not more than ten per cent of the capital stock of such gas company; provided, that the foregoing provisions shall not prevent a domestic corporation having its principal place of business in the commonwealth from holding more than ten per cent of the capital stock of a gas company.

Mass. Gen. Laws ch. 164, § 31