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  • PART I ADMINISTRATION OF THE GOVERNMENT
    (Chapters 1 through 182)
  • TITLE III LAWS RELATING TO STATE OFFICERS
  • CHAPTER 29 STATE FINANCE
  • Section 42 Notes and securities; annual examination

[ Text of section effective until January 1, 2013. Repealed by 2012, 165, Sec. 112. See 2012, 165, Sec. 137.]

  Section 42. The governor shall, annually in August, appoint a committee of the council, which shall examine the value of the notes and securities in charge of the state treasurer and report thereon to the governor and council, who may direct him to sell or to collect notes or securities over which the commonwealth has exclusive control and to reinvest the proceeds according to section thirty-eight.