General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE VII. CITIES, TOWNS AND DISTRICTS |
CHAPTER 40D. INDUSTRIAL DEVELOPMENT OF CITIES AND TOWNS |
SECTION 1. Definitions |
SECTION 2. Industrial Development Financing Authority; creation; consolidated authorities; dissolution |
SECTION 3. Board of directors of authority; appointment; terms |
SECTION 4. Removal of directors; interested directors |
SECTION 5. Officers; oaths; records of proceedings; quorum; trade secrets; property and business of authority |
SECTION 6. Compensation and expenses of directors |
SECTION 7. Powers of municipalities |
SECTION 8. Financing documents; excess payments |
SECTION 9. Borrowing money and issuance of bonds; trust agreements |
SECTION 10. Requisites for issuance and status of bonds |
SECTION 11. Proceeds of bonds |
SECTION 12. Issuance of bonds; conditions |
SECTION 13. Deposit of proceeds from bonds |
SECTION 14. Rentals and moneys payable under lease; payment to trustee under trust agreement for repayment of bonds; pledges; trust agreements |
SECTION 15. Trust funds |
SECTION 16. Bondholders remedies |
SECTION 17. Revenue refunding bonds |
SECTION 18. Deposit of funds; reports and financial statements; audits |
SECTION 19. Appropriations |
SECTION 20. Exemption from taxation; leased property |
SECTION 22. Pollution control facilities; financing; findings; financing authority; applicable laws |
SECTION 23. Pollution control, cogeneration, and small power production facilities; grants or loans |