Massachusetts General Laws
Title VII - Cities, Towns and Districts
Chapter 40d - Industrial Development of Cities and Towns

Section 1 - Definitions - Section 1. The following words as used in this chapter...

Section 2 - Industrial Development Financing Authority; Creation; Consolidated Authorities; Dissolution - Section 2. There is hereby created in each municipality a...

Section 3 - Board of Directors of Authority; Appointment; Terms - Section 3. Except as provided herein relative to consolidated authorities,...

Section 4 - Removal of Directors; Interested Directors - Section 4. The governing body of a municipality may make,...

Section 5 - Officers; Oaths; Records of Proceedings; Quorum; Trade Secrets; Property and Business of Authority - Section 5. The board of directors of an industrial development...

Section 6 - Compensation and Expenses of Directors - Section 6. The directors of an industrial development financing authority...

Section 7 - Powers of Municipalities - Section 7. (a) For the purpose of carrying out a...

Section 8 - Financing Documents; Excess Payments - Section 8. Any financing document authorized by this chapter shall:...

Section 9 - Borrowing Money and Issuance of Bonds; Trust Agreements - Section 9. Any municipality acting by and through an industrial...

Section 10 - Requisites for Issuance and Status of Bonds - Section 10. All bonds shall be authorized by resolution of...

Section 11 - Proceeds of Bonds - Section 11. If the proceeds of the bonds initially issued,...

Section 12 - Issuance of Bonds; Conditions - Section 12. No bonds of any series shall be issued...

Section 13 - Deposit of Proceeds From Bonds - Section 13. The proceeds from the sale of any bonds...

Section 14 - Rentals and Moneys Payable Under Lease; Payment to Trustee Under Trust Agreement for Repayment of Bonds; Pledges; Trust Agreements - Section 14. All rentals or other monies payable under a...

Section 15 - Trust Funds - Section 15. All monies received by an issuing municipality acting...

Section 16 - Bondholders Remedies - Section 16. Any holder of bonds issued under the provisions...

Section 17 - Revenue Refunding Bonds - Section 17. A municipality acting by and through an authority...

Section 18 - Deposit of Funds; Reports and Financial Statements; Audits - Section 18. All monies of any authority from whatever source...

Section 19 - Appropriations - Section 19. Any municipality may appropriate money for the benefit...

Section 20 - Exemption From Taxation; Leased Property - Section 20. The operation and maintenance of the projects by...

Section 21 - Solid Waste Disposal Facilities; Financing Authorities; Organization; Consolidation and Dissolution; Bonds; Contracts; Production and Sale of Steam as a By-Product; Applicable Laws; Government Grants or Loans - Section 21. (a) A municipality acting by and through an...

Section 22 - Pollution Control Facilities; Financing; Findings; Financing Authority; Applicable Laws - Section 22. (a) A municipality acting by and through an...

Section 23 - Pollution Control, Cogeneration, and Small Power Production Facilities; Grants or Loans - Section 23. A municipality acting by and through an authority...