General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE VII. CITIES, TOWNS AND DISTRICTS |
CHAPTER 44A. QUALIFIED BOND ACT |
SECTION 1. Definitions |
SECTION 2. Application to qualify bonds; investigation; costs |
SECTION 3. Resolution of board to authorize qualified bonds; release |
SECTION 4. Authorization to issue bonds; time for adoption of resolution |
SECTION 5. Recital of issuance pursuant to this act; maturity date |
SECTION 6. Temporary notes |
SECTION 7. Certification to state treasurer; payment of debt service; costs assessed |
SECTION 8. Covenant by commonwealth |
SECTION 9. Certification conclusive as to amount payable; estoppel |
SECTION 10. Obligation to appropriate or levy taxes to pay bonds when due; rules and regulations |
SECTION 11. Bonds for construction, etc. of property |
SECTION 11A. Covenants contained in proceedings authorizing issuance of bonds |
SECTION 12. Commonwealth not to act as pledge or surety |