Massachusetts General Laws - The Massachusetts Turnpike Authority and the Metropolitan Highway System - Chapter 81a, Section 23

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Duration of authority.

Section 23. The authority and its corporate existence shall continue until terminated by law; provided, however, that no such law shall take effect so long as the authority shall have notes, bonds or other obligations outstanding unless adequate provision has been made for the payment or satisfaction thereof in accordance with the terms of any applicable bond resolution, trust agreement or other agreement.

Last modified: March 27, 2006