Massachusetts Statutes

§ 12 — Commonwealth not to act as pledge or surety

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title VII CITIES, TOWNS AND DISTRICTS·Ch. 44A QUALIFIED BOND ACT
Section 12. Nothing in this chapter shall be construed to pledge the credit and assets of the commonwealth to the support of bonds issued pursuant to this chapter or to guarantee payment or stand as surety for the payment of bonds pursuant to this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

Massachusetts § 12 (Commonwealth not to act as pledge or surety) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

View on official source ↗