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HOUSE DOCKET, NO. 4493 FILED ON: 7/25/2023
HOUSE . . . . . . . . . . . . . . . No. 4039
The Commonwealth of Massachusetts
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PRESENTED BY:
F. Jay Barrows and Paul R. Feeney
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act authorizing certain investments by the treasurer of the town of Norton.
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PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:F. Jay Barrows1st Bristol7/25/2023Paul R. FeeneyBristol and Norfolk7/25/2023 1 of 1
HOUSE DOCKET, NO. 4493 FILED ON: 7/25/2023
HOUSE . . . . . . . . . . . . . . . No. 4039
By Representative Barrows of Mansfield and Senator Feeney, a joint petition (accompanied by
bill, House, No. 4039) of F. Jay Barrows and Paul R. Feeney (by vote of the town) for legislation
to authorize certain investments by the treasurer of the town of Norton. Municipalities and
Regional Government. [Local Approval Received.]
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act authorizing certain investments by the treasurer of the town of Norton.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 SECTION 1. Notwithstanding any general or special law to the contrary, the treasurer of
2the Town of Norton is hereby authorized to invest any trust funds of the town in the custody of
3the treasurer in accordance with the Prudent Investor Rule and sections 3, 4, 5, 8, and 9 of
4chapter 203C of the General Laws and in accordance with the Town of Norton cash and
5investment policy, as the same may be amended by the Town of Norton, acting by and through
6the Select Board, from time to time.
7 SECTION 2. Section 54 of chapter 44 of the General Laws shall not apply to the Town of
8Norton.
9 SECTION 3. This act shall take effect upon its passage.