Section 53b - Contributions by Commonwealth; Application to Indebtedness

MA Gen L ch 44 § 53b (2019) (N/A)
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Section 53B. Any sums allotted and paid by the commonwealth to a city, town or district as a contribution towards the cost of a useful public works project, the state's share of the cost of which project was financed from the proceeds of a loan issued by such city, town or district, shall be applied towards the payment of such indebtedness.