SECTION 1. Definitions

SECTION 2. Limitations and restrictions upon manner of incurring debt

SECTION 3. Computation of indebtedness

SECTION 4. Temporary loans in anticipation of revenue; conditions; limitations

SECTION 4A. Repealed, 1990, 210, Sec. 2

SECTION 4B. Expired. See 1976, 4, Sec. 33

SECTION 5 to 5B. Repealed, 1969, 849, Sec. 48; 1971, 766, Sec. 11

SECTION 6. Power to incur debt for payment of land damages, altering grade crossings, and highway or traffic control expenditures

SECTION 6A. Power to borrow in anticipation of reimbursement by federal government or commonwealth

SECTION 7. Cities and towns; purposes for borrowing money within debt limit

SECTION 8. Cities and towns; purposes for borrowing money outside debt limit

SECTION 8A. Orders authorizing issuance of bonds; authentication

SECTION 8B. Cities and towns; right to replace lost funds deposited; liquidation or insolvency of depository bank

SECTION 8C. Cities and towns; acquisition of land for conservation or recreation purposes in anticipation of state or federal reimbursement of expense; temporary debt outside limit authorized

SECTION 9. Districts; right to borrow money; purposes; amount

SECTION 10. Debt limit

SECTION 11. Debt retirement; provision for earlier payment

SECTION 12. Repealed, 1946, 358, Sec. 16

SECTION 13, 13A. Repealed, 1971, 766, Sec. 11

SECTION 14. Liability for lawful debts

SECTION 15. Liability for legal debts contracted under special acts

SECTION 16. Issuance of bonds, notes and certificates of indebtedness; procedure; form; contracts with banking or financial institutions

SECTION 16A. Facsimile signature

SECTION 16B. Facsimile seal; validity

SECTION 16C. Repealed, 1984, 400, Sec. 3

SECTION 17. Temporary loans; refund; repayment

SECTION 17A. Repealed, 1992, 143, Sec. 3

SECTION 18. Discount of notes

SECTION 19. Issuance of notes payable on demand forbidden; procedure for repaying debts; time for making final payment

SECTION 19A. Inability to pay interest or principal of bonds, notes or certificates of indebtedness; notice; certification to state treasurer; payment by state treasurer

SECTION 20. Proceeds from sale of bonds; restrictions on use; disposition of premiums

SECTION 20A. Advances made in anticipation of proceeds

SECTION 21. Call and redemption prior to maturity

SECTION 21A. Refunding bonds; issuance; present values

SECTION 21B. Designation of tax credit bonds; sinking fund; sale of tax credit bonds; issuance of refunding bonds

SECTION 21C. Lease purchase financing agreements

SECTION 22. Rate of interest

SECTION 22A. Insurance, letters or lines of credit for bonds or notes; trust agreements

SECTION 22B. Bonds and notes; official statements; advertising; collateral tax consequences to social security recipients

SECTION 22C. Security for bonds or notes; insurance, letters or lines of credit, trust agreements

SECTION 23. Forms for notes

SECTION 24. Authentication; certification

SECTION 24A. Bearer instruments

SECTION 25. Repealed, 2016, 218, Sec. 70

SECTION 26. Repealed, 2010, 188, Sec. 35

SECTION 27. Certification; evidence of liability

SECTION 27A. Effect of provisions on power to issue notes

SECTION 28. Report to director of accounts required

SECTION 28A. Applicability of finance law to school districts

SECTION 28B. Applicability of finance law to planning districts

SECTION 28C. Management of solid waste; project costs; debt obligations

SECTION 29. Repealed, 1969, 849, Sec. 48; 1971, 766, Sec. 11

SECTION 30. Determination of amount of appropriation for departments

SECTION 31. Liabilities in excess of appropriations forbidden; exceptions

SECTION 31A. Report of estimated expenses; period covered; contents

SECTION 31B. Repealed, 1969, 505, Sec. 6

SECTION 31C. Construction contracts; certificate as to availability of funds; effect of certificate upon defense of insufficiency of appropriations

SECTION 31D. Snow and ice removal; emergency expenditures; reporting requirements

SECTION 32. Submission of city budget to city council; procedure for approval, rejection or alteration

SECTION 33. Power of council to add to appropriation; conditions; limitations

SECTION 33A. Salary provisions in budget; requirements and limitations

SECTION 33B. Transfer of appropriations; restrictions

SECTION 34. Repealed, 1969, 849, Sec. 48; 1971, 766, Sec. 11

SECTION 35. Audits of accounts; when conducted; governmental units to be considered districts; copy to be sent to chief executive officer; costs

SECTION 36, 37. Repealed, 2016, 218, Sec. 78

SECTION 38. Uniformity of accounting classifications; standards; authority of director

SECTION 39. Results of audit; report to municipality

SECTION 40. Audit of accounts; frequency; reports

SECTION 41. Failure to meet minimum standards and methods of accounting; expenses of auditing; payment

SECTION 42. Audits by private accountants; required reports

SECTION 42A. Pilot program for audits of public functions of city, town, county, etc. where irregularities or illegal acts are suspected; establishment

SECTION 43. Accounting reports; returns; forms

SECTION 44. Reports of municipal statistics; publication

SECTION 45. Powers of director; attendance of witnesses; production of books and documents

SECTION 46. Repealed, 2016, 218, Sec. 82

SECTION 46A. Powers of director; investigation of municipal affairs

SECTION 47. Right to establish or use

SECTION 48. Sinking fund commissioners; powers and duties; records; compensation

SECTION 49. Issuance of new bonds

SECTION 50. Repealed, 1921, 486, Sec. 12

SECTION 51. Repealed, 1938, 458

SECTION 52. Issuance of bonds in exchange for bearer instruments

SECTION 53. City, town or district funds; use and disposition

SECTION 53A. Grants and gifts; acceptance and expenditure

SECTION 53A1/2. Gifts of tangible personal property; acceptance

SECTION 53B. Contributions by commonwealth; application to indebtedness

SECTION 53C. Deposit and expenditure of compensation for off-duty or special detail work; appropriation for special fund; fee

SECTION 53D. Recreation and park self-supporting service revolving funds; creation; authorized use of funds; annual report; revocation of provisions

SECTION 53E. Agencies, boards, etc.; annual operating costs; offset by estimated receipts of user fees

SECTION 53E1/2. Revolving funds

SECTION 53E3/4. Energy Revolving Loan Fund

SECTION 53F. Deposits of public funds in banking institutions in return for banking services

SECTION 53F1/2. Enterprise funds

SECTION 53F3/4. PEG Access and Cable Related Fund

SECTION 53G. Employment of outside consultants

SECTION 53G1/2. Special account for deposits to secure the performance of an obligation by an applicant for a license or permit

SECTION 53H. Rebate to federal government to exclude interest paid on bonds from gross income

SECTION 53I. Settlement or incorporation celebrations; special fund

SECTION 53J. Reservation of revenues from betterments or special assessments to repay debt issued in connection to such improvements

SECTION 54. Investment of trust funds

SECTION 55. Public funds on deposit; limitations; investments

SECTION 55A. Liability of depositor for losses due to bankruptcy

SECTION 55B. Investment of public funds

SECTION 55C. Municipal Affordable Housing Trust Fund

SECTION 56. Towns; fiscal year

SECTION 56A. Cities; fiscal year

SECTION 57. Taxation; interest on debts incurred in aid of a railroad

SECTION 58. Cities and towns; limitation on purchasing powers

SECTION 59. Enforcement of chapter

SECTION 60. Penalty for violation of law controlling handling of town and district notes

SECTION 61. Penalty for refusal to issue bond in exchange for bearer instruments in sinking funds

SECTION 62. Penalty for violation of provisions of chapter by officials

SECTION 63. Sale or other disposal of realty; disposition of proceeds

SECTION 63A. Sales of public land; payment of taxes

SECTION 64. Payment of bills incurred in excess of appropriations

SECTION 65. Vacation pay; advances to employees

SECTION 66. Advances to public employees

SECTION 67. Deferred compensation program for employees; authorized investments; requisites; limitations

SECTION 67A. Employee individual retirement accounts

SECTION 68. Retroactive salary increases

SECTION 69. Municipal or district services, fees or charges; insufficient funds checks or electronic funds transfers; penalty

SECTION 70. Payment for municipal programs, services, and activities; federal government reimbursements and other resources

SECTION 71. Contracts for revenue raising activities; regulations and guidelines; negotiation

SECTION 72. Federal funds for reimbursable medical expenses; distribution

SECTION 73. Requests for proposals for design and construction services in public-private partnership development agreement seeking assistance under chapter 29C; technical assistance from public-private partnership infrastructure oversight commission