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Session Laws

1985

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CHAPTER 321 AN ACT AUTHORIZING THE DOMESTIC INSURANCE COMPANIES TO INVEST IN CERTAIN OBLIGATIONS OF THE AFRICAN DEVELOPMENT BANK.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

Section 63 of chapter 175 of the General Laws, as appearing in the 1984 Official Edition, is hereby amended by striking out paragraph 3A and inserting in place thereof the following paragraph:-

3A. In bonds, notes or obligations issued, assumed or guaranteed by the International Bank for Reconstruction and Development, the Inter-American Development bank, the Asian Development bank or the African Development bank.

Approved September 26, 1985.