Massachusetts Statutes
§ 8 — Subscription for and acquisition of stock issued by Federal Reserve Bank of Boston
Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 167F INVESTMENTS AND OTHER POWERS
Section 8. Any such bank may subscribe for and acquire stock issued by the Federal Reserve Bank of Boston for the purpose of qualifying for membership in the federal reserve system, and while a member of such system may have and exercise any and all of the corporate powers and privileges which may be exercised by federal reserve member banks.
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