Massachusetts General Laws ch. 164A sec. 19 – Bonds and notes deemed investment securities
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Section 19. Notwithstanding any of the provisions of this chapter or any recitals in any bonds and notes issued under this chapter, all such bonds and notes shall be deemed to be investment securities under the Uniform Commercial Code.
Terms Used In Massachusetts General Laws ch. 164A sec. 19
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC