{"data":{"id":"us-ma/mass.-gen.-laws-ch.-110c-12","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 110C, § 12","heading":"Exemptions from chapter","body":"Section 12. This chapter does not apply when:—\n(a) The offeror or the target company is a public utility or a public utility holding company as defined in section two of the ''Public Utility Holding Company Act of 1935'', 15 U.S.C. 79, as amended, and the take-over bid is subject to approval by the appropriate federal agency as provided in such act;\n(b) The offeror or the target company is a bank or a bank holding company subject to the ''Bank Holding Company Act of 1956'', 12 U.S.C. 1841, as amended, and the take-over bid is subject to approval by the appropriate federal agency as provided in such act;\n(c) The offeror or the target company is a savings and loan holding company as defined in section two of the ''Savings and Loan Holding Company Amendments of 1967'', 12 U.S.C. 1730A, as amended, and the take-over bid is subject to approval by the appropriate federal agency as provided in such act;\n(d) The offeror and the target company are banks and the offer is part of a merger transaction subject to approval by appropriate federal supervisory authorities.","path":["Part I","Title XV","Chapter 110C"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter110C/Section12","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:22:37Z","sha256":"2012e9d860c3b2e72b3c4fc06865fa79a0f44343bbc730d5e20c008314b7d22e","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-110c-11","next":"us-ma/mass.-gen.-laws-ch.-110c-13"},"notice":"GroundRules: Original legal text. Not legal advice."}