Massachusetts Statutes
§ 8 — Money received to be held as trust funds
Massachusetts § 8
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title IIEXECUTIVE AND ADMINISTRATIVE OFFICERS OF THE COMMONWEALTH
Ch. 6CMASSACHUSETTS DEPARTMENT OF TRANSPORTATION
This text of Massachusetts § 8 (Money received to be held as 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. 6C, § 8 (2026).
Text
Section 8. All moneys received pursuant to this chapter, whether as proceeds from the issue of refunding bonds or as revenues or otherwise, shall be deemed to be trust funds to be held and applied solely as provided in this chapter. The resolution authorizing the refunding bonds or the trust agreement securing such notes or bonds shall provide that any officer with whom, or any bank or trust company with which, such moneys shall be deposited shall act as trustee of such moneys and shall hold and apply the same for the purposes hereof, subject to such regulations as this chapter and such resolution or trust agreement may provide.
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Bluebook (online)
Massachusetts § 8, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/6C/8.