Massachusetts General Laws

Mass. Gen. Laws ch. 182, § 2B (2026)

Investment company trust; trustee

✓ text as last checked Sept. 2026 (this copy records no edition or section history)
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Section 2B. This section shall apply to a trust that is an investment company, as defined in the Investment Company Act of 1940, and that is registered thereunder with the United States Securities and Exchange Commission.

A trustee of a trust who with respect to the trust is not an interested person, as defined in said Investment Company Act of 1940, shall be deemed to be independent and disinterested when making any determination or taking any action as a trustee.

Notes of Decisions
Cited in 4 cases, 2005–2012 · leading case: In Re Eaton Vance Mut. Funds Fee Litig., 380 F. Supp. 2d 222 (S.D.N.Y. 2005).
In Re Eaton Vance Mut. Funds Fee Litig., 380 F. Supp. 2d 222 (S.D.N.Y. 2005). · cites it 2× “” Mass Gen. Laws ch. 182, § 2B; see also ING, 369 F.”
Halebian v. Berv, 869 F. Supp. 2d 420 (S.D.N.Y. 2012). · cites it 2× “Mass. Gen. Laws ch. 182, § 2B. Further, § 2B provides that “[a] trustee of a trust who with respect to the trust is not an interested person, as defined in [the ICA], shall be deemed to be independent and disinterested when making any determination or taking any action as a…”
ING Principal Prot. Funds Derivative Litig., 369 F. Supp. 2d 163 (D. Mass. 2005). “Mass. Gen. Laws ch. 182, § 2B. 50 . Second Consol.”
Alexander v. Allianz Dresdner Asset Mgmt. of Amer. Holding, Inc., 509 F. Supp. 2d 190 (D. Conn. 2007). · cites it 2× “” Mass Gen. Laws ch. 182, § 2B; see also In re Eaton Vance Mut.”
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