Massachusetts Statutes
§ 15 — Moneys received deemed to be trust funds
Massachusetts § 15
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title VIICITIES, TOWNS AND DISTRICTS
Ch. 40NMODEL WATER AND SEWER COMMISSION
This text of Massachusetts § 15 (Moneys received deemed to be trust funds) 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. 40N, § 15 (2026).
Text
Section 15. All moneys received pursuant to the provisions of this chapter, whether as proceeds from the issue of bonds or as revenues or otherwise, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.
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Bluebook (online)
Massachusetts § 15, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/40N/15.