Mass. Gen. Laws ch. 10 § 10A
Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
The state treasurer shall whenever possible, establish a preference in the deposit of the commonwealths cash reserves to those lending and banking institutions that exceed the statewide average for lending to small businesses, as defined in section 57 of chapter 23A; provided, however, that this shall not prohibit the treasurer from depositing and investing said reserves in such a manner as to secure the highest rate of return available consistent with the safety of said reserves.
Mass. Gen. Laws ch. 10, § 10A