AN ACT RELATIVE TO ELIGIBILITY FOR MEMBERSHIP IN THE SAVINGS BANKS EMPLOYEES RETIREMENT ASSOCIATION AND THE COOPERATIVE BANKS EMPLOYEES RETIREMENT ASSOCIATION.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. Section 39 of chapter 168 of the General Laws, as
appearing in the 1990 Official Edition, is hereby
amended by striking out, in line 19 and line 35, each time they appear,
the words "the Savings Banks Association of Massachusetts" and inserting in
thereof, in each instance, the following words:- the Massachusetts Bankers
Association and any bank which is a
voting member thereof.
SECTION 2. Section 30 of chapter 170 of the General Laws, as so
appearing, is hereby
amended by inserting after the word "Banks", in line 24, the first time it
appears, the following words:- and any bank which is a voting