Massachusetts § 5C - Investment division; responsibilities
Full text of Massachusetts Massachusetts General Laws § 5C — Investment division; responsibilities, with citation guidance and answers to common questions.
§ 5C. Investment division; responsibilities
Section 5C. The state treasurer shall establish an investment division, under the direction of a deputy state treasurer, for investments, who shall be responsible for the investment of all state funds under the custody of the state treasurer, including without limitation temporary cash investment.
The state treasurer may retain such professional investment counsel or other counsel to evaluate and recommend policies for cash and investment management for the commonwealth or its subdivisions.
Frequently Asked Questions About Massachusetts § 5C
What does Massachusetts General Laws § 5C cover?
Section 5C ("Investment division; responsibilities") is part of the Massachusetts General Laws, the codified statutory law of Massachusetts. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Massachusetts § 5C?
A common citation format is "Massachusetts General Laws § 5C" (Massachusetts). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Massachusetts law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Massachusetts official source linked on this page or consult a licensed Massachusetts attorney.
How does Massachusetts § 5C apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Massachusetts can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Massachusetts.