Mass. Gen. Laws ch. 161 § 144

Current through Chapter 223 of the 2024 Legislative Session
Section 161:144 - Preliminary agreements

A city, by vote of its city council, subject to the provisions of its charter, or a town by vote of its board of selectmen, may make preliminary agreements with one or more companies operating within its territory for the lease or purchase and operation of the properties of said company. For the purposes of this section, a company shall act by a majority of its board of directors.

Mass. Gen. Laws ch. 161, § 144