Section 11A: Covenants contained in proceedings authorizing issuance of bonds
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/ma/part-i/title-vii/chapter-44a/11a·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 11A. The proceedings of the city or town authorizing the issuance of qualified bonds may contain such covenants and provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper and not in violation of law, including covenants restricting the issuance of additional qualified bonds.