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April 26, 2024 Clear | 54°F
The 193rd General Court of the Commonwealth of Massachusetts

AN ACT AUTHORIZING CERTAIN INVESTMENTS BY THE TREASURER OF THE TOWN OF EAST BRIDGEWATER

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 East Bridgewater 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 in accordance with the town’s cash and investment policy, as the policy may be amended by the town of East Bridgewater, acting by and through the board of selectmen.

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

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

Approved, May 7, 2021.