Massachusetts Statutes
§ 16 — Termination of trust
Massachusetts § 16
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title IIILAWS RELATING TO STATE OFFICERS
Ch. 29CMASSACHUSETTS CLEAN WATER TRUST
This text of Massachusetts § 16 (Termination of trust) 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. 29C, § 16 (2026).
Text
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 shall have bonds outstanding unless adequate provision has been made for the payment or satisfaction thereof. Upon termination of the trust, the title to the fund and all other properties of the trust which remain after provision for the payment or satisfaction of all bonds of the trust shall vest in the commonwealth. The obligations, debts and liabilities of the trust shall be assumed by and imposed upon the commonwealth, and shall be transferred to the state treasurer or to such other successor as the general court may designate.
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Bluebook (online)
Massachusetts § 16, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/29C/16.