Massachusetts General Laws ch. 29 sec. 46 – Transfer of securities from one fund to another
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Section 46. The state treasurer, instead of selling any securities, belonging to any fund over which the commonwealth has exclusive control, to meet maturing liabilities, may transfer them to any other such fund upon terms and conditions approved by the governor and council.
Terms Used In Massachusetts General Laws ch. 29 sec. 46
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.