Massachusetts Statutes
§ 69B — Endowment Incentive Holding Fund
Massachusetts § 69B
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title IIEXECUTIVE AND ADMINISTRATIVE OFFICERS OF THE COMMONWEALTH
Ch. 10DEPARTMENT OF THE STATE TREASURER
This text of Massachusetts § 69B (Endowment Incentive Holding Fund) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mass. Gen. Laws ch. 10, § 69B (2026).
Text
Section 69B.
(a)There shall be set up on the books of the commonwealth a separate fund to be known as the Endowment Incentive Holding Fund to be used, without appropriation, for purposes outlined in section 15E of chapter 15A. The board of higher education shall administer the fund and shall be its trustee. No monies deposited into this holding fund that are unexpended at the end of the fiscal year shall revert to the General Fund. No expenditure from said fund shall cause said fund to be in a deficiency at the close of a fiscal year.[There is no subsection (b).]
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Bluebook (online)
Massachusetts § 69B, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/10/69B.