General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE XXII. CORPORATIONS |
CHAPTER 161. STREET RAILWAYS |
SECTION 156. Establishment of fare zones and rates of fare
Latest version.
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Subject to the approval of the department, the trustees shall establish such fare zones and shall fix such rates of fare to be charged by a transportation area as will reasonably assure sufficient income to meet the cost of the service, including operating expenses, taxes, rental, interest and the allowance for depreciation required by section one hundred and fifty-one.