Section 26. The obligations of a borrower under the provisions of this chapter shall not be subject to discharge as a result of bankruptcy proceedings.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title II - Executive and Administrative Officers of the Commonwealth
Chapter 15c - Massachusetts College Student Loan Authority
Section 1 - Policy and Purpose
Section 5 - Purposes of Authority; Powers
Section 5a - College Opportunity Program; Bonds; Issuance; Redemption; Tuition Agreements
Section 5c - Comprehensive State-Supported Supplemental Education Loan Program; Development
Section 6 - Payment of Expenses
Section 7 - Guidelines for Deposits of Monies, Endowments, etc.; Default Reserve Fund
Section 8 - Conveyance of Assets Comprising Loan Funding Deposits
Section 9 - Negotiable Notes; Issuance; Terms or Conditions
Section 11 - Trust Agreements as Security for Revenue Bonds or Notes; Provisions of Trust Agreements
Section 12 - Payment of Bonds or Notes; Liability of Commonwealth
Section 13 - Fees; Contracts; Pledge of Revenues; Sinking Fund
Section 14 - Monies Received; Trust Funds
Section 14a - State Colleges and Universities Participation Fund
Section 14b - College Opportunity Fund; Purposes; Pledges
Section 16 - Exercise of Powers for Benefit of Commonwealth; Tax Exempt Status
Section 18 - Investment of Funds by Authority
Section 19 - Bonds as Investment Securities
Section 20 - Report of Authority; Audit
Section 21 - Powers of Participating Higher Education Institutions; Interest Rates
Section 22 - Employees; Social Security; Security Interests in Revenues and Receipts; Priority
Section 22a - Civil Actions; Liability, Losses, Expenses; Insurance; Limitation of Actions
Section 24 - New England Education Loan Marketing Corporation as Separate Entity
Section 25 - Construction of Law
Section 26 - Bankruptcy of Borrower
Section 27 - Rights and Properties of Authority Upon Dissolution, Liquidation or Other Termination