Massachusetts General Laws ch. 160 sec. 65B – Real estate, warehouse, industrial facility, and industrial development companies stock
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Section 65B. A railroad corporation may hold stock in real estate, warehouse, industrial facility, and industrial development companies but in no event shall such holdings exceed, in the aggregate, ten per cent of the outstanding capital stock of such railroad corporation.
Terms Used In Massachusetts General Laws ch. 160 sec. 65B
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.