A manufacturing or other corporation having its place of business in a city or town where a gas company proposes to manufacture gas for light may hold not more than ten per cent of the capital stock of such gas company; provided, that the foregoing provisions shall not prevent a domestic corporation having its principal place of business in the commonwealth from holding more than ten per cent of the capital stock of a gas company.
Mass. Gen. Laws ch. 164, § 31
Amount of stock in gas companies held by corporation
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.