Massachusetts Statutes

§ 6 — Temporary notes

Massachusetts § 6
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title VIICITIES, TOWNS AND DISTRICTS
Ch. 44AQUALIFIED BOND ACT

This text of Massachusetts § 6 (Temporary notes) 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. 44A, § 6 (2026).

Text

Section 6. Any city, town or regional school district which has been authorized by the board to issue qualified bonds may issue temporary notes in anticipation of the issuance of the qualified bonds to the extent permitted by sections seventeen and seventeen A of chapter forty-four; provided, however, that such notes shall be subject to such additional terms or conditions as may be fixed or required by the board to ensure that funds are borrowed only as needed to meet required payments for construction, development, extension, improvement, or acquisition of the facilities or improvements to be financed by the issuance of the qualified bonds.

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Bluebook (online)
Massachusetts § 6, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/44A/6.