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General Laws of Massachusetts - Chapter 40H Community Economic Development Assistance Corporation.
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- Massachusetts General Laws - Public purpose. - Chapter 40H, Section 1
The general court finds and declares that: (a) the commonwealth has already designated certain chronically depressed areas, and may hereafter designate other such areas, as...
- Massachusetts General Laws - Definitions. - Chapter 40H, Section 2
The following terms as used in this chapter shall have the following meanings, except when the context clearly indicates otherwise:-- "Affordable housing'', a dwelling unit: (i)...
- Massachusetts General Laws - Creation; public instrumentality; board of directors; officers and employees. - Chapter 40H, Section 3
(a) There is hereby created a body politic and corporate, to be known as the Community Economic Development Assistance Corporation or CEDAC. CEDAC is hereby...
- Massachusetts General Laws - Powers. - Chapter 40H, Section 4
CEDAC shall have the following powers: (a) to make, amend and repeal bylaws, rules and regulations for the management of its affairs; (b) to adopt...
- Massachusetts General Laws - Technical assistance; eligible organizations; standards; preference to certain projects. - Chapter 40H, Section 5
CEDAC may, subject to appropriation by the general court or funds made available from any other public or private source and pursuant to rules and...
- Massachusetts General Laws - Report of activities. - Chapter 40H, Section 6
CEDAC shall annually submit a complete and detailed report of the corporation’s activities within ninety days after the end of the fiscal year to the...
- Massachusetts General Laws - Audit of books and records. - Chapter 40H, Section 7
The books and records of the CEDAC shall be subject to a biennial audit by the auditor of the commonwealth.
- Massachusetts General Laws - Construction of chapter. - Chapter 40H, Section 8
The provisions of this chapter being necessary for the welfare of the commonwealth and its inhabitants, shall be liberally construed to effect its purposes.
Last modified: March 17, 2010
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