Massachusetts Statutes

§ 6 — Compensation and expenses of directors

Massachusetts § 6
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title VIICITIES, TOWNS AND DISTRICTS
Ch. 40DINDUSTRIAL DEVELOPMENT OF CITIES AND TOWNS

This text of Massachusetts § 6 (Compensation and expenses of directors) 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. 40D, § 6 (2026).

Text

Section 6. The directors of an industrial development financing authority shall serve without compensation as such but each director shall be reimbursed for all necessary travel and other expenses incurred by him in the discharge of his official duties. The compensation of the executive director shall be subject to review and approval by the Massachusetts office of business development. Such compensation, if any, and expenses shall be allocated by the authority among its various projects, in such manner and amounts as it deems proper and shall constitute current expenses thereof.

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Bluebook (online)
Massachusetts § 6, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/40D/6.