HOUSE DOCKET, NO. 4277        FILED ON: 6/16/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3909

 

The Commonwealth of Massachusetts

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PRESENTED BY:

Sheila C. Harrington

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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 certain investments by the treasurer of the town of Groton.

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PETITION OF:

 

Name:

District/Address:

Date Added:

Sheila C. Harrington

1st Middlesex

6/16/2021


HOUSE DOCKET, NO. 4277        FILED ON: 6/16/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3909

By Mrs. Harrington of Groton, a petition (accompanied by bill, House, No. 3909) of Sheila C. Harrington (by vote of the town) relative to authorizing certain investments by the treasurer of the town of Groton.  Municipalities and Regional Government.  [Local Approval Received.]

 

The Commonwealth of Massachusetts

 

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In the One Hundred and Ninety-Second General Court
(2021-2022)

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An Act authorizing certain investments by the treasurer of the town of Groton.

 

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 any general or special law to the contrary, the treasurer of the town of Groton may invest any trust funds of the town in the custody of the treasurer in accordance with sections 3, 4, 5, 8 and 9 of chapter 203C of the General Laws and in accordance with the town of Groton free cash and investment policies. The free cash and investment policies may be amended by the select board of the town of Groton from time to time.

SECTION 2. Section 54 of chapter 44 of the General Laws shall not apply to the town of Groton.

SECTION 3. This act shall take effect upon its passage.