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Mass. Gen. Laws ch. 176A, § 18A

Financial statements; inclusion of electronic data processing equipment as asset

Massachusetts · Massachusetts General Laws Chapter 176A — NON–PROFIT HOSPITAL SERVICE CORPORATIONS · Status: effective

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Mass. Gen. Laws ch. 176A, § 18A, Financial statements; inclusion of electronic data processing equipment as asset, Massachusetts, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1558043
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Section 18A. In an account of its financial condition, a non-profit hospital service corporation may include as an asset available for the payment of losses electronic data processing equipment, provided that the cost of such equipment at the time of acquisition is at least one hundred thousand dollars and that said cost is to be amortized in full over a period not to exceed ten years.