Amount of stock in gas companies held by corporation
M.G.L. c. 164, § 31
in effectc. 164, § 31. Amount of stock in gas companies held by corporation
Section 31. A manufacturing or other corporation having its place of business in a city or town where a gas company proposes to manufacture gas for light may hold not more than ten per cent of the capital stock of such gas company; provided, that the foregoing provisions shall not prevent a domestic corporation having its principal place of business in the commonwealth from holding more than ten per cent of the capital stock of a gas company.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter164/Section31Fetched: 10/20/2026
