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Code · Massachusetts · Part I — ADMINISTRATION OF THE GOVERNMENT · Title VII — CITIES, TOWNS AND DISTRICTS · Chapter 44

Section 53B: Contributions by commonwealth; application to indebtedness

61 words·~1 min read·/ma/part-i/title-vii/chapter-44/53b

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Section 53B. Any sums allotted and paid by the commonwealth to a city, town or district as a contribution towards the cost of a useful public works project, the state's share of the cost of which project was financed from the proceeds of a loan issued by such city, town or district, shall be applied towards the payment of such indebtedness.
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