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:

Section 10 of chapter 171 of the General Laws, as appearing in the 1988 Official Edition, is hereby amended by inserting after the fifth sentence the following sentence:- A member of a credit union having assets of thirty million dollars or more may hold shares or make deposits, or both, in his own name, to an amount not exceeding, in the aggregate, two hundred and fifty thousand dollars and may jointly, with one or more persons, hold shares or make deposits, or both, to an amount not exceeding, in the aggregate, five hundred thousand dollars.