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July 17, 2024 Clouds | 73°F
The 193rd General Court of the Commonwealth of Massachusetts

Section 8: Subscription for and acquisition of stock issued by Federal Reserve Bank of Boston

Section 8. Any such bank may subscribe for and acquire stock issued by the Federal Reserve Bank of Boston for the purpose of qualifying for membership in the federal reserve system, and while a member of such system may have and exercise any and all of the corporate powers and privileges which may be exercised by federal reserve member banks.