General Laws of Massachusetts - Chapter 176A Non-profit Hospital Service Corporations - Section 18A Financial statements; inclusion of electronic data processing equipment as asset

Section 18A. In an account of its financial condition, a non-profit hospital service corporation may include as an asset available for the payment of losses electronic data processing equipment, provided that the cost of such equipment at the time of acquisition is at least one hundred thousand dollars and that said cost is to be amortized in full over a period not to exceed ten years.

Section:  Previous  14  14A  14B  15  16  17  18  18A  19  20  21  22  23  24  25  Next

Last modified: September 11, 2015