Massachusetts General Laws
Chapter 15a - Public Education
Section 12 - Council Actions Permitted to Provide for Hefa Expenses and for Payments of Indebtedness Incurred on Behalf of Community Colleges or Affiliates

Section 12. To provide for the expenses of HEFA and for the payment of indebtedness incurred by it in connection with any project financed by HEFA on behalf of any community college or any community college affiliate, or in connection with any transfer for such purpose by HEFA, or the commonwealth acting through the council under the provisions of section eleven, or any other community college affiliate to HEFA, or the commonwealth acting through the council, or any other community college affiliate of buildings or other property, the council may, in the name and on behalf of the commonwealth, (i) transfer or pledge that they will periodically transfer to HEFA, or to any community college affiliate under terms permitting further transfer or pledge to HEFA, any part or all of any funds held as trust funds for any community college under the provisions of paragraph (d) of section eleven, administered on behalf of any community college as gifts, grants, or trusts under the provisions of clause (e) of section twenty-two, made available for expenditure on behalf of any community college pursuant to an appropriation or other spending authorization in the commonwealth's annual operating budget, including supplementary and deficiency budgets, or otherwise available for expenditure by the council, and (ii) may contract with HEFA or any community college affiliate with respect thereto under terms permitting further transfer or pledge by HEFA to a trustee under any trust agreement related to such project and entered into by HEFA pursuant to chapter six hundred and fourteen of the acts of nineteen hundred and sixty-eight; provided, that in the case of any funds expected to be available for expenditure by the council pursuant to subsequent appropriation or other spending authorization by the legislature, the council may only pledge that they will so transfer such funds subject to such subsequent appropriation or other spending authorization. The council may impose such terms and conditions as to the application of the funds so transferred as it deems appropriate for the carrying out of the provisions of said chapter six hundred and fourteen and of this chapter. Any such pledge shall be valid and binding from the time when the pledge is made; the funds so pledged shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the council, any community college, or any other community college affiliate, irrespective of whether such parties have notice thereof. Neither the resolution nor any trust agreement by which such a pledge is created need be filed or recorded except in the records of HEFA.

Structure Massachusetts General Laws

Massachusetts General Laws

Part I - Administration of the Government

Title II - Executive and Administrative Officers of the Commonwealth

Chapter 15a - Public Education

Section 1 - Policy and Goals

Section 3a - Statewide Educational Technology Plan; Goals; Development and Implementation

Section 4 - Board of Higher Education; Membership

Section 5 - Public Institutions of Higher Education System

Section 5a - Governor Foster Furcolo Community Colleges

Section 6 - Department of Higher Education; Commissioner; Other Employees; Appointments; Salaries; Powers and Duties

Section 7 - Mission Statements; Development, Approval and Adoption

Section 7a - Board of Higher Education; Performance Measurement System

Section 9 - Powers and Duties of Council

Section 9a - American Sign Language

Section 9b - Needs-Based Financial Assistance Program; Scholarships; Guidelines

Section 10 - Definitions

Section 11 - Council Actions Permitted to Aid and Contribute to Performances of Educational and Other Purposes of Community Colleges

Section 12 - Council Actions Permitted to Provide for Hefa Expenses and for Payments of Indebtedness Incurred on Behalf of Community Colleges or Affiliates

Section 13 - Hefa; Sale or Lease of Buildings, Lands or Other Property; Proceeds

Section 14 - Powers Under Secs. 11 and 12 Exercised on Behalf of University of Massachusetts and Affiliates

Section 15 - Estimate of Ordinary Maintenance and Revenues; Capital Outlay Requests; Allocation of Appropriations

Section 15b - Budget Cycle; Preparation and Submission of Budget Requests; Comments and Recommendations

Section 15c - Expenditures and Revenues; Management and Accounting Reporting System

Section 15d - Personnel Administrative Reporting and Information System

Section 15e - Public Higher Education Endowment Incentive and Capital Outlay Contribution Program; Matching Formula; Termination of Program

Section 15f - Community College Workforce Training Incentive Program

Section 15g - Stackable Credentials

Section 16 - Scholarship Programs; Guidelines

Section 17 - Teaching Learning Corps Program

Section 18 - Qualifying Student Health Insurance Programs; Participation; Compliance Procedures Report; Penalties for Noncompliance

Section 19 - Tuition and Fee Waiver Program; Guidelines; Annual Report

Section 191/2 - Tuition, Fees and Room and Board Waiver for Surviving Child of Parent Who Died as a Result of Injuries Sustained During Active and Full-Time Military Service While Outside the United States

Section 19a - Student Loan Repayment Program; Guidelines; Expenses for Administration

Section 19b - Teacher Signing Bonus Program; Regulations

Section 19c - Master Teacher Corps Program; Regulations

Section 19d - Scholarship Program Known as Tomorrow's Teachers Program; Guidelines

Section 19e - Principal and Superintendent Recruitment Program

Section 20 - Educational Opportunities Information Center

Section 21 - Board of Trustees for Sec. 5 Institutions; Membership; Qualifications; Tenure; Vacancies

Section 22 - Board of Trustees of Community Colleges or State Universities; Powers and Duties

Section 22a - Reggie Lewis Track and Athletic Center; Establishment; Powers and Duties of Board

Section 23 - Board of Trustees; Estimate for Institution's Ordinary Maintenance and Revenues

Section 24 - Board of Trustees; Authorized Purchases

Section 24a - Cooperative Purchasing; Massachusetts Higher Education Consortium

Section 25 - Refusal to Elect and Contract With Blind Teaching Candidates

Section 26 - Summer Sessions; Evening Classes

Section 27 - Dormitories; Nonsmoking Rooms; Rules and Regulations

Section 28 - Establishment and Maintenance of Bank Branch on Grounds of Public Higher Education Institutions

Section 29 - Definitions; Use of Student Fee Funds for Legislative Agents' Costs

Section 31 - Administrative Expenses; Determination of Qualifying Expenditures

Section 32 - Student Assessment System

Section 33 - Report Assessing Overall Faculty Productivity and Teacher Effectiveness

Section 34 - Benchmark Study of Public Higher Education System

Section 35 - Professional Development Schools Grant Program

Section 36 - Public Schools' Eligibility for Funds Through Professional Development Schools Grant Program

Section 37 - Foundations Created for Public Institutions of Higher Education; Governing Boards; Annual Reports; Audits

Section 38 - Military Recruiters; On-Campus Recruiting

Section 39 - Secondary Education Students Qualified to Enroll in Higher Education Institutions

Section 40 - Optional Retirement System; Providers; Regulations; Participation; Funds

Section 41 - Fees for Approval of Articles or Certificates; Revenue

Section 42 - Award of Academic Credit for Student's Military Occupation, Training, Coursework and Experience; Educational Credit for Exams Funded Through Department of Defense

Section 43 - Immunity From Academic or Financial Penalties for Postsecondary Students Performing Military Service on Behalf of the United States

Section 44 - Readmission Protections, Privileges and Immunities for Members of Armed Forces Attending Educational Institutions Within the Commonwealth; Calculation of Cumulative Length of Absence; Exemption From Academic or Financial Penalty

Section 45 - Establishment and Implementation of Comprehensive Training Program