Massachusetts Statutes

§ 39 — Bonds, etc., held by commonwealth; exchanges

Massachusetts § 39
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title IIILAWS RELATING TO STATE OFFICERS
Ch. 29STATE FINANCE

This text of Massachusetts § 39 (Bonds, etc., held by commonwealth; exchanges) 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. 29, § 39 (2026).

Text

Section 39. When the commonwealth holds any bond, note or certificate of indebtedness payable to bearer and issued by a county, city, town or district or any domestic corporation, such county, city, town, district or corporation shall, at the request of the state treasurer, issue in exchange therefor a bond, note or certificate of the same effect, payable to the commonwealth by name. The commonwealth shall pay the expense involved in making such exchange. Any county, city, town, district or corporation neglecting or refusing to comply with this section shall be punished by a fine of not more than $50.

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Bluebook (online)
Massachusetts § 39, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/29/39.