General Laws of Massachusetts - Chapter 29C Water Pollution Abatement Revolving Loan Program

• Massachusetts General Laws - Definitions - Chapter 29C, Section 1
  As used in this chapter, the following words shall have, unless the context clearly indicates otherwise, the following meanings: “Board”, the board of trustees of...
• Massachusetts General Laws - Water pollution abatement trust; board of trustees; members; officers - Chapter 29C, Section 2
  (a) An unpaid board of trustees consisting of the state treasurer, ex officio, the secretary of the executive office for administration and finance, ex officio,...
• Massachusetts General Laws - Purpose of trust; powers and duties of board - Chapter 29C, Section 3
  (a) The purposes for which the trust is created and for which the fund shall be received, held, administered and disbursed by the board of...
• Massachusetts General Laws - Monies held in trust; administration of fund - Chapter 29C, Section 4
  (a) The board of trustees shall receive in trust, hold, administer and disburse in and from the fund exclusively for the benefit of the beneficiaries...
• Massachusetts General Laws - Disbursement of monies by board of trustees; purposes - Chapter 29C, Section 5
  Subject to limitations in other law respecting the use of particular monies in the fund and the provisions of any trust agreement for bonds of...
• Massachusetts General Laws - Additional authorized applications and disbursements of fund monies and revenues; contract assistance agreements; criteria for zero rate of interest loans - Chapter 29C, Section 6
  Subject to limitations in other laws respecting the use of particular monies in the fund and the provisions of any trust agreement for bonds of...
• Massachusetts General Laws - Subsidy or assistance to local governmental units - Chapter 29C, Section 6A
  In addition to the purposes set forth in sections five and six, the board may apply and disburse monies of the fund to provide for...
• Massachusetts General Laws - Clean Water Act; powers and duties of board - Chapter 29C, Section 7
  The board is authorized and directed to take all necessary or incidental actions to secure for the commonwealth the benefits of Title VI of the...
• Massachusetts General Laws - Appropriations to water pollution abatement trust; agreements - Chapter 29C, Section 8
  Upon the board’s request, the state treasurer shall pay to the trust for deposit in the fund monies appropriated by the commonwealth to the trust...
• Massachusetts General Laws - Bonds and notes; issuance - Chapter 29C, Section 9
  (a) The board may provide by resolution for the issuance from time to time of bonds for any purpose of the trust, which bonds may...
• Massachusetts General Laws - Loans to local governmental units - Chapter 29C, Section 10
  (a) Any local governmental unit may apply to the trust for a loan to assist in financing the cost of a water pollution abatement project....
• Massachusetts General Laws - Default on loan; remedies - Chapter 29C, Section 11
  (a) In addition to other remedies of the trust under any loan agreement, if any local government unit other than a regional local governmental unit...
• Massachusetts General Laws - Collection and enforcement powers of local governments - Chapter 29C, Section 12
  (a) In order to provide for the collection and enforcement of fees, rates, rents, assessments and other charges for the operation of any water pollution...
• Massachusetts General Laws - Local governmental obligations; issuance; interest; payment; taxation - Chapter 29C, Section 13
  (a) Local governmental obligations issued by a local governmental unit shall be dated, may bear interest at such rate or rates, including rates variable from...
• Massachusetts General Laws - Limited obligations payable from local system revenues - Chapter 29C, Section 14
  Notwithstanding any general or special law to the contrary, when authorized by a two-thirds vote as defined in section one of chapter forty-four or by...
• Massachusetts General Laws - Security agreements for local governmental obligations - Chapter 29C, Section 15
  (a) Notwithstanding any general or special law to the contrary, when authorized by a two-thirds vote as defined in section one of chapter forty-four or...
• Massachusetts General Laws - Termination of trust - Chapter 29C, Section 16
  The trust and its existence shall continue until terminated by law; provided, however, that no such law shall take effect so long as the trust...
• Massachusetts General Laws - Annual reports - Chapter 29C, Section 17
  The board, in cooperation with the state treasurer, shall, at all times keep full and accurate accounts of all receipts, expenditures and disbursements from the...
• Massachusetts General Laws - Drinking Water Revolving Fund; implementation and administration; subsidies and financial assistance - Chapter 29C, Section 18
  (a) In addition to the powers and duties of the board otherwise provided in this chapter, the trust is hereby designated as the instrumentality of...

Last modified: September 11, 2015