Massachusetts General Laws ch. 23A sec. 13O – Foreign offices for international trade; acceptance of funds
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Section 13O. The executive director of the international trade office may accept funds in the name of the international trade office and the foreign offices from private and public groups, agencies and persons, which shall be held in trust for use by the treasurer of the partnership as custodian.
Terms Used In Massachusetts General Laws ch. 23A sec. 13O
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.