CHAPTER 15C. MASSACHUSETTS COLLEGE STUDENT LOAN AUTHORITY  


SECTION 1. Policy and purpose
SECTION 2. Short title
SECTION 3. Definitions
SECTION 4. Massachusetts educational financing authority; members; terms; meetings; surety bond; conflict of interest
SECTION 5. Purposes of authority; powers
SECTION 5A. College opportunity program; bonds; issuance; redemption; tuition agreements
SECTION 5B. Powers and duties of authority for implementation and administration of savings programs
SECTION 5C. Comprehensive state-supported supplemental education loan program; development
SECTION 6. Payment of expenses
SECTION 7. Guidelines for deposits of monies, endowments, etc.; default reserve fund
SECTION 8. Conveyance of assets comprising loan funding deposits
SECTION 9. Negotiable notes; issuance; terms or conditions
SECTION 10. Revenue bonds, notes, or other obligations; issuance; authorization by resolution; resolution provisions; liability
SECTION 11. Trust agreements as security for revenue bonds or notes; provisions of trust agreements
SECTION 12. Payment of bonds or notes; liability of commonwealth
SECTION 13. Fees; contracts; pledge of revenues; sinking fund
SECTION 14. Monies received; trust funds
SECTION 14A. State colleges and universities participation fund
SECTION 14B. College opportunity fund; purposes; pledges
SECTION 15. Holders of revenue bonds, notes, or other obligations, and trustees; enforcement of rights; compelling performance of duties of authority
SECTION 16. Exercise of powers for benefit of commonwealth; tax exempt status
SECTION 17. Refunding of outstanding revenue bonds or notes; investment and reinvestment of proceeds; additional loans
SECTION 18. Investment of funds by authority
SECTION 19. Bonds as investment securities
SECTION 20. Report of authority; audit
SECTION 21. Powers of participating higher education institutions; interest rates
SECTION 22. Employees; social security; security interests in revenues and receipts; priority
SECTION 22A. Civil actions; liability, losses, expenses; insurance; limitation of actions
SECTION 23. Powers granted supplemental and additional to other laws; supervision or regulation of powers
SECTION 24. New England Education Loan Marketing Corporation as separate entity
SECTION 25. Construction of law
SECTION 26. Bankruptcy of borrower
SECTION 26A. Repealed, 1993, 495, Sec. 11
SECTION 27. Rights and properties of Authority upon dissolution, liquidation or other termination
SECTION 28. Severability
SECTION 29. Achieving a better life experience program; ABLE account; qualified disability expenses; annual report