Massachusetts Statutes
§ 5 — Operation; licensed small business investment corporation; establishment of subsidiary corporation
Massachusetts § 5
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title VIICITIES, TOWNS AND DISTRICTS
Ch. 40GMASSACHUSETTS TECHNOLOGY DEVELOPMENT CORPORATION
This text of Massachusetts § 5 (Operation; licensed small business investment corporation; establishment of subsidiary corporation) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mass. Gen. Laws ch. 40G, § 5 (2026).
Text
Section 5. The MTDC is hereby specifically authorized to operate as a licensed small business investment corporation under the provisions of the Small Business Investment Act of 1958, Public Law 85–699, as amended from time to time, if it can qualify thereunder and if the board shall determine that such operation would reasonably serve to carry out the purposes of the MTDC. In the alternative, the board shall be authorized, in its discretion, to establish a subsidiary corporation to operate as a licensed small business investment corporation under said Act, and to make investments in qualified securities of enterprises through such subsidiary.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
2
Cite This Page — Counsel Stack
Bluebook (online)
Massachusetts § 5, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/40G/5.