General Laws of Massachusetts - Chapter 23L Local Infrastructure Development Program - Section 9 Collection of infrastructure assessments by collector-treasurer of municipality; disbursement of revenues

Section 9. The collector-treasurer of each municipality, at the option of the municipality and the agency, may collect any infrastructure assessments, including any recording fees, on behalf of the agency under an agreement between the municipality and the agency and to disburse the funds to any designated management entity or financial institution selected by the agency. The collector-treasurer shall disburse revenues to the management entity or financial institution within 30 days after the collection of such fees, together with the interest earned on the holding of such fees.

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Last modified: September 11, 2015