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September 12, 2024 Clouds | 78°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title III LAWS RELATING TO STATE OFFICERS
  4. Chapter 29 STATE FINANCE
  5. Section 46 Transfer of securities from one fund to another

Section 46

Section 46: Transfer of securities from one fund to another

Section 46. The state treasurer, instead of selling any securities, belonging to any fund over which the commonwealth has exclusive control, to meet maturing liabilities, may transfer them to any other such fund upon terms and conditions approved by the governor and council.