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2017 Massachusetts General Laws
PART I ADMINISTRATION OF THE GOVERNMENT
TITLE XXII CORPORATIONS
Chapter 164 MANUFACTURE AND SALE OF GAS AND ELECTRICITY
Section 31 Amount of stock in gas companies held by corporation
Universal Citation: MA Gen L ch 164 § 31 (2017)
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.
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