SENATE DOCKET, NO. 3053        FILED ON: 9/14/2020

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2909

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Rebecca L. Rausch

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act authorizing the investment of trust funds benefiting the town of Sherborn library.

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PETITION OF:

 

Name:

District/Address:

Rebecca L. Rausch

Norfolk, Bristol and Middlesex

David Paul Linsky

5th Middlesex


SENATE DOCKET, NO. 3053        FILED ON: 9/14/2020

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2909

By Ms. Rausch, a petition (accompanied by bill, Senate, No. 2909) of Rebecca L. Rausch and David Paul Linsky (by vote of the town) for legislation to authorize the investment of trust funds benefiting the town of Sherborn Library.  Municipalities and Regional Government.  [Local Approval Received.]

 

The Commonwealth of Massachusetts

 

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In the One Hundred and Ninety-First General Court
(2019-2020)

_______________

 

An Act authorizing the investment of trust funds benefiting the town of Sherborn library.

 

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

SECTION 1. Notwithstanding section 54 of chapter 44 of the General Laws or any other general or special law to the contrary, the treasurer of the town of Sherborn and the treasurer of the town of Sherborn library trustees may invest any trust funds benefiting the Sherborn library in accordance with the prudent investor rule and with chapter 203C of the General Laws.

SECTION 2. This act shall take effect upon its passage.