Massachusetts Security Corporation definition

Massachusetts Security Corporation means a Person that qualifies as a Massachusetts “security corporation” under Mass. Gen. L. c. 63, §38B, but only to the extent, and during the time period, it so qualifies.
Sample 1Sample 2Sample 3
Massachusetts Security Corporation means a Person that qualifies as a Massachusetts security corporation under Mass. Gen. L. c. 63, §38B, but only to the extent, and during the time period, it so qualifies.
Sample 1
Massachusetts Security Corporation means a Person that qualifies as a Massachusetts “security corporation” under Mass. Gen. L. c. 63, §38B, but only to the extent, and during the time period, it so qualifies. As of the Closing Date, Anika Securities, Inc. is a Massachusetts Security Corporation.
Sample 1Sample 2

Examples of Massachusetts Security Corporation in a sentence

  • The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Selecta RUS, LLC (“Selecta (RUS)”), a Russian limited liability corporation, and Selecta Biosciences Security Corporation, a Massachusetts Security Corporation.

  • We commended activities carried out by the AEM-METI Economic and Industrial Cooperation Committee (AMEICC), and the work of the ASEAN-Japan Innovation Network (AJIN), a private-sector led initiative that promote innovation across sectors and industries, including digital business platforms for MSMEs and emerging industries.

  • Corporate Excise Tax It is the intent of management of Holding Company to obtain classification as a Massachusetts Security Corporation under Massachusetts Chapter 63, Section 38B(b) for Massachusetts excise tax purposes.

  • Provided ESOP Loan Subsidiary is created in such a manner that the business of ESOP Loan Subsidiary can be managed by ESOP Loan Subsidiary and is not managed by Holding Company, the formation of ESOP Loan Subsidiary followed by the lending of money from ESOP Loan Subsidiary, to the ESOP plan should not violate the requirements necessary to obtain and retain Massachusetts Security Corporation classification status for Holding Company.

  • One of the requirements for obtaining classification as a Massachusetts Security Corporation is that the company be engaged "exclusively in buying.

  • The lending of money from ESOP Loan Subsidiary to the ESOP plan will not prevent Holding Company from qualifying as a Massachusetts Security Corporation provided that Holding Company does not conduct any other activities deemed impermissible under MGL Chapter 63, Section 38B, and the various regulations, announcements and letter rulings issued by the Department of Revenue.

  • The lending of money is an impermissible activity for Massachusetts Security Corporations/5/ and would result in disqualification as a Massachusetts Security Corporation.

  • CORPORATE EXCISE TAX It is the intent of management of Holding Company to obtain classification as a Massachusetts Security Corporation under Massachusetts Chapter 63, Section 38B(b) for Massachusetts corporation excise tax purposes.

  • Our goals were to develop a prototype workflow management system that could apply to workflows in general, and that would let the company operate as efficiently as its competition without discarding its legacy systems.

  • With regard to the Massachusetts Security Corporation, conduct, transact or otherwise engage in any material operating or business activities other than investment activities that would not reasonably be expected to result in the loss of the Massachusetts Security Corporation’s qualification as a Massachusetts security corporation under Mass.


More Definitions of Massachusetts Security Corporation

Massachusetts Security Corporation means a Person that qualifies as a Massachusetts security corporation under Mass.
Sample 1

Related to Massachusetts Security Corporation

  • AT&T SOUTH CAROLINA means the AT&T owned ILEC doing business in South Carolina.

  • AT&T NORTH CAROLINA means the AT&T owned ILEC doing business in North Carolina.

  • New Jersey CANCELLATION section is amended as follows: A ten percent (10%) penalty per month shall be applied to refunds not paid or credited within forty-five (45) days of receipt of returned Service Agreement.

  • Commonwealth Act means the Workplace Relations Act 1996 of the Commonwealth;

  • AT&T WISCONSIN means the AT&T owned ILEC doing business in Wisconsin.

  • AT&T OKLAHOMA means the AT&T owned ILEC doing business in Oklahoma.

  • Utah This Agreement is subject to limited regulation by the Utah Insurance Department. To file a complaint, contact the Utah Insurance Department. Coverage afforded under this Agreement is not guaranteed by the Utah Property and Casualty Guaranty Association. Proof of loss should be furnished by You to the Administrator as soon as reasonably possible. Failure to furnish such notice or proof within the time required by this Agreement does not invalidate or reduce a claim. CANCELLATION section is amended as follows: We can cancel this Agreement during the first sixty (60) days of the initial annual term by mailing to You a notice of cancellation at least thirty (30) days prior to the effective date of cancellation except that We can also cancel this Agreement during such time period for non-payment of premium by mailing You a notice of cancellation at least ten (10) days prior to the effective date of cancellation. After sixty (60) days have elapsed, We may cancel this Agreement by mailing a cancellation notice to You at least ten (10) days prior to the cancellation date for non-payment of premium and thirty (30) days prior to the cancellation date for any of the following reasons: (a) material misrepresentation, (b) substantial change in the risk assumed, unless the We should reasonably have foreseen the change or contemplated the risk when entering into the Agreement or (c) substantial breaches of contractual duties, conditions, or warranties. The notice of cancellation must be in writing to You at Your last known address and contain all of the following: (1) the Agreement number, (2) the date of notice, (3) the effective date of the cancellation and, (4) a detailed explanation of the reason for cancellation. ARBITRATION section is amended to include the following: Any matter in dispute between You and Us may be subject to arbitration as an alternative to court action pursuant to the rules of (the American Arbitration Association or other recognized arbitrator), a copy of which is available on request from Us. Any decision reached by arbitration shall be binding upon both You and Us. The arbitration award may include attorney's fees if allowed by state law and may be entered as a judgment in any court of proper jurisdiction.

  • Georgia means the territory recognised by the international community within the state borders of Georgia, including land territory, internal waters and territorial sea, the air space above them, in respect of which Georgia exercises its sovereignty, as well as the contiguous zone, the exclusive economic zone and continental shelf adjacent to its territorial sea, in respect of which Georgia may exercise its sovereign rights in accordance with the international law;

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Commonwealth means the Commonwealth of Australia and includes the Government for the time being thereof;

  • AT&T ILLINOIS means the AT&T owned ILEC doing business in Illinois.

  • AT&T CONNECTICUT means the AT&T-owned ILEC doing business in Connecticut.

  • AT&T MISSISSIPPI means the AT&T owned ILEC doing business in Mississippi.

  • AT&T GEORGIA means the AT&T owned ILEC doing business in Georgia.

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Internal Revenue Code.

  • Corporation means a corporation, association, company, joint-stock company or business trust.

  • New Mexico CANCELLATION section is amended as follows: If You are the original purchaser of this Agreement, You may return this Agreement and receive a refund if: (i) You have not made a claim under the Agreement; and (ii) You return this Agreement within twenty days after the date We mail You a copy of the Agreement or within ten days after You receive a copy of the Agreement if We furnish You with the copy at the time the Agreement is purchased. We may not cancel this Agreement without providing You with written notice at least fifteen (15) days prior to the effective date of cancellation. Such notice shall include the effective date of cancellation and the reason for cancellation. If this Agreement has been in force for a period of seventy (70) days, We may not cancel it before the expiration of the Agreement term or one (1) year, whichever occurs first, unless: 1) You fail to pay any amount due; 2) You are convicted of a crime which results in an increase in the service required under the Agreement; 3) You engage in fraud or material misrepresentation in obtaining this Agreement; or 4) You commit any act, omission, or violation of any terms of this Agreement after the effective date of this Agreement which substantially and materially increases the service required under this Agreement. A ten percent (10%) penalty per month (or each portion thereof) shall be applied to refunds not paid or credited within sixty (60) days of receipt of a returned Agreement.

  • Security Company means an entity which provides or purports to provide the transport of Property by secure means, including, without limitation, by use of armored vehicles or guards.

  • State of Texas Textravel means the State Travel Management Program through the Texas Comptroller of Public Accounts website and Texas Administrative Code, Title 34, Part 1, Chapter 5, Subchapter C, Section 5.22, relative to travel reimbursements under this Contract, if any.

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • AT&T LOUISIANA means the AT&T owned ILEC doing business in Louisiana.

  • Professional limited liability company means a limited

  • Michigan national guard means that term as defined in section 105 of the Michigan military act, 1967 PA 150, MCL 32.505.