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Session Laws

1986

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CHAPTER 50 AN ACT INCREASING THE MINIBOND AUTHORIZATION FROM TWENTY-FIVE MILLION DOLLARS TO FIFTY MILLION DOLLARS ANNUALLY.

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to place abandoned property in the custody of the state treasurer, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.

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

Section 49A of chapter 29 of the General Laws, as appearing in the 1984 Official Edition, is hereby amended by striking out, in line 10, the word "twenty-five" and inserting in place thereof the word:- fifty.

Approved May 21, 1986.