Section 2a – Names of or Similar to Other Businesses; Enjoining Violations
Section 2A. No association or trust shall assume the name of any corporation established under the laws of the commonwealth, or of a corporation, firm, or association or trust whether or not as defined in section one, or of an individual, carrying on business in the commonwealth at the time when the association or trust […]
Section 2b – Investment Company Trust; Trustee
Section 2B. This section shall apply to a trust that is an investment company, as defined in the Investment Company Act of 1940, and that is registered thereunder with the United States Securities and Exchange Commission. A trustee of a trust who with respect to the trust is not an interested person, as defined in […]
Section 3 – Trusts Owning or Controlling Certain Public Utilities; Filing Copy of Declaration of Trust
Section 3. The trustees of an association or trust who own or control a majority of the capital stock of a railroad, street railway, electric railroad, elevated railway, gas, electric or water company, or corporation engaged in the common carriage of passengers by motor vehicle shall also file a copy of the written instrument or […]
Section 4 – Trusts Owning or Controlling Certain Public Utilities; Annual Statement
Section 4. The trustees of an association or trust who own or control a majority of the capital stock of a railroad, street railway, electric railroad, elevated railway, gas, electric or water company, or corporation engaged in the common carriage of passengers by motor vehicle shall annually on or before April first file with the […]
Section 5a – Trusts; Professional Relationships
Section 5A. If a trust is formed under this chapter for the purpose of rendering one or more professional services as defined in chapter one hundred and fifty-six A, the relationship between the trust or a trustee or employee thereof rendering professional service and the person receiving such service shall be the same as if […]
Section 6 – Suits Against Associations or Trusts; Seals
Section 6. An association or trust may be sued in an action at law for debts and other obligations or liabilities contracted or incurred by the trustees, or by the duly authorized agents of such trustees, or by any duly authorized officer of the association or trust, in the performance of their respective duties under […]
Section 7 – Investigation or Examination of Trusts Owning or Holding Stock in Certain Public Utilities; Access to Information
Section 7. The department may by its members or duly authorized employees investigate and examine the books, accounts, contracts, records and memoranda of the trustees of any association or trust, who own or hold the capital stock or any part thereof of a railroad, street railway, electric railroad or elevated railway corporation, gas, electric or […]
Section 8 – Investigation or Examination of Businesses Under Same Ownership, Control or Management as Certain Public Utilities; Access to Information
Section 8. The department may by its members or duly authorized employees investigate and examine the books, accounts, contracts, records and memoranda of any partnership, express trust, voluntary association or corporation which is under the same ownership, control or management as a railroad, street railway, electric railroad or elevated railway corporation, gas, electric or water […]
Section 9 – Refusal to Submit to Investigation or Examination
Section 9. A railroad, street railway, electric railroad, elevated railway, gas, electric or water company, or corporation engaged in the common carriage of passengers by motor vehicle, or a partnership or corporation or the trustees of an express trust or voluntary association, described in sections seven and eight, which refuses or neglects to submit its […]
Section 10 – Jurisdiction in Equity
Section 10. The supreme judicial court shall have jurisdiction in equity to enforce compliance with the three preceding sections, and with all orders of the department made under authority thereof.