Session Laws

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

Subsection A of section 14 of chapter 167E of the General Laws, as appearing in the 1984 Official Edition, is hereby amended by striking out paragraph 6 and inserting in place thereof the following paragraph:-

`tcol(*)=2,B;c1=1,30,tfh1;c2=37,40,tfh1 `tc1 6. Obligations of all foreign governments and the political subdivisions thereof. `tc2 20% of capital stock, surplus account, and undivided profits; provided, however, that a stock corporation incorporated under the provisions of chapter one hundred and seventy-two shall not exceed a total of 50% of capital stock, surplus account, and undivided profits. `tcol;end