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:

Clause (p) of the second paragraph of section 12 of chapter 294 of the acts of 1961, as appearing in section 7 of chapter 168 of the acts of 2004, is hereby amended by striking out the last sentence and inserting in place thereof the following sentence:- The limitations imposed by this paragraph shall not apply to an aggregate investment of not in excess of the applicable federal deposit insurance limit in a deposit of a banking corporation, the deposits of which banking corporation are insured by the Federal Deposit Insurance Corporation.

Approved August 5, 2010