Massachusetts § 14O New bonds; liability

Massachusetts Statutes

§ 14O — New bonds; liability

Massachusetts § 14O

Part IADMINISTRATION OF THE GOVERNMENT

Title XVREGULATION OF TRADE

Ch. 93REGULATION OF TRADE AND CERTAIN ENTERPRISES

This text of Massachusetts § 14O (New bonds; liability) 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. 93, § 14O (2026).

Text

Section 14O. On the effective date of each new bond filed with the statement of registration, all liability on bonds previously filed shall terminate, and in the event of default by the trading stamp company to redeem such stamps the rightful holders of trading stamps shall file their proofs of claim with the state treasurer and shall have their claims satisfied, as provided in section fourteen Q, solely from the principal sum of the new bond.

Free access — add to your briefcase to read the full text and ask questions with AI

Section 14O. On the effective date of each new bond filed with the statement of registration, all liability on bonds previously filed shall terminate, and in the event of default by the trading stamp company to redeem such stamps the rightful holders of trading stamps shall file their proofs of claim with the state treasurer and shall have their claims satisfied, as provided in section fourteen Q, solely from the principal sum of the new bond.