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.
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.
Approved, March 2, 2022.