Section 25. A domestic electric utility shall not be subject to the provisions of section ten of chapter one hundred eight-one in the event a foreign corporation, as defined in said chapter, owns or controls a majority of the capital stock of said domestic electric utility, provided such ownership or control results from action pursuant to authority granted by this chapter.
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