Section 19. Notwithstanding any of the provisions of this chapter or any recitals in any bonds and notes issued under this chapter, all such bonds and notes shall be deemed to be investment securities under the Uniform Commercial Code.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 164a - New England Power Pool
Section 2 - Agreement Provisions Authorized
Section 3 - Additional Powers of Member Domestic Electric Utilities
Section 4 - Additional Powers of Member Foreign Electric Utilities
Section 7 - Assessment and Taxation of Foreign Electric Utilities
Section 9 - Application of Other Laws to Pool Members; Rate Base Factors
Section 12 - Borrowing in Anticipation of Bonds; Temporary Notes; Issuance by City or Town
Section 16 - Receipts of City or Town Under This Chapter to Be Held and Applied in Trust
Section 17 - Actions and Proceedings Upon Bonds and Notes
Section 18 - Bonds and Notes Issued as Legal Investments
Section 19 - Bonds and Notes Deemed Investment Securities
Section 20 - Bonds and Notes Issued; Transfer, Income or Profit; Tax Exemption
Section 21 - Refunding Bonds; Issuance Authorized; Restrictions
Section 22 - Bonds and Notes; Issuance Authorized
Section 23 - Zoning Regulations; Exemption of Facilities Used by Electric Utilities
Section 26 - Municipal Electric Departments; Application of Chapter