Section 31: Amount of stock in gas companies held by corporation
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/ma/part-i/title-xxii/chapter-164/31·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.