Section 5A. The comptroller shall adopt rules and regulations, providing for the payment by the commonwealth of penalty interest in accordance with the provisions of section twenty-nine B of chapter twenty-nine and the U.S. Cash Management Improvement Act of 1990, 31 U.S.C. 650, et seq.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title II - Executive and Administrative Officers of the Commonwealth
Chapter 7a - Office of the Comptroller
Section 1 - Office of the Comptroller; Appointment; Removal; Vacancies
Section 2 - Advisory Board; Membership; Terms; Expenses; Duties
Section 3 - Examination of Accounts and Demands; Overdue Debts; Certificates of Amounts Due
Section 5 - Bills and Vouchers; Certified Copies; Regulations
Section 5a - Late Penalty Interest Payments; Adoption of Rules and Regulations
Section 7 - Accounting System; Forms and Books of Account
Section 8 - General Books of Account; Systems of Accounts; Treatment of Debtors; Late Charges
Section 9a - Audit of Commonwealth Financial Operations; Procedures
Section 11 - Furnishing of Accounting Statements
Section 13 - Budget Preparation; Co-Operation of Comptroller's Office
Section 15 - Rules and Regulations
Section 16 - Administration of the Liability Management and Reduction Fund
Section 17 - Account to Fund Terminal Leave Payments; Federal Grant Funds.