Massachusetts General Laws
Chapter 121c - Economic Development and Industrial Corporations
Section 18 - Liberal Construction

Section 18. This chapter, being necessary for the welfare of the commonwealth and its inhabitants, shall be liberally construed to effect the purpose thereof.

Structure Massachusetts General Laws

Massachusetts General Laws

Part I - Administration of the Government

Title XVII - Public Welfare

Chapter 121c - Economic Development and Industrial Corporations

Section 1 - Definitions

Section 2 - Legislative Declarations

Section 3 - Economic Development and Industrial Corporation; Authority to Organize; Consolidations; Members of Board of Directors; Surety Bonds; Compensation and Reimbursements

Section 4 - Corporate Seal; Officers; Bond; Accounts; Annual Audit and Report; Management of Affairs and Property

Section 5 - Powers of Corporation; Payment of Relocation Costs

Section 6 - Economic Development Projects; Approval; Procedural Requisites

Section 7 - Rents and Charges for Service or Facilities Furnished or Supplied; Control and Application; Sinking Fund for Revenue Bond Obligations

Section 8 - Corporate Liability in Contract or in Tort

Section 9 - Real Estate and Tangible Personal Property Exempt From Taxation and Assessments; Payments in Lieu of Taxes; Taxation of Certain Real Estate; Exemption of Income or Profits From Transfer of Corporation Obligations

Section 10 - Debentures; Issuance Authorized; Trust Agreements as Security

Section 11 - Municipal Indebtedness in Aid of Corporation

Section 12 - Revenue Bonds; Revenue Refunding Bonds; Requisites; Negotiability

Section 13 - Revenue or Revenue Refunding Bonds; Trust Agreements as Security

Section 14 - Revenue and Revenue Refunding Bonds as Securities for Purposes of Investments or Deposits by Certain Institutions

Section 15 - Enforcement of This Chapter and of Trust Agreements

Section 16 - Provisions Inconsistent With Other Law Controlling

Section 17 - Severability

Section 18 - Liberal Construction