Mass. Gen. Laws ch. 164A, § 25
Ownership or control of domestic electric utilities by foreign corporations; applicability of corporation law
Massachusetts · Massachusetts General Laws Chapter 164A — New England Power Pool · Status: effective
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- Mass. Gen. Laws ch. 164A, § 25, Ownership or control of domestic electric utilities by foreign corporations; applicability of corporation law, Massachusetts, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1556445
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Section 25. A domestic electric utility shall not be subject to the provisions of section ten of chapter one hundred eight-one in the event a foreign corporation, as defined in said chapter, owns or controls a majority of the capital stock of said domestic electric utility, provided such ownership or control results from action pursuant to authority granted by this chapter.