Section 50: Serial and sinking fund payments; certification
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/ma/part-i/title-iii/chapter-29/50A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 50. The state treasurer shall annually in December certify to the budget director the amount necessary to provide for serial and sinking fund payments with respect to any bonds or notes of the commonwealth for the fiscal year beginning on July 1 following.