summary
Introduced
01/23/2017
01/23/2017
In Committee
02/06/2018
02/06/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to liability of cities, towns, districts or regional school districts for loss of public monies by reason of the closing or liquidation of depository institutions. Municipalities and Regional Government.
AI Summary
This bill amends Chapter 44 of the General Laws to provide that a city, town, district, or regional school district officer who deposits public money in a depository institution as authorized by law and exercises due care shall not be personally liable for any loss of public money due to the closing or liquidation of the depository institution. The bill seeks to protect municipal officials from personal liability in such situations.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
No further action taken (on 01/01/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/190/H1081 |
Bill | https://malegislature.gov/Bills/190/H1081.pdf |
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