Massachusetts § 42K Receipts and expenditures; annual report; monthly statements; accounting system

Massachusetts Statutes

§ 42K — Receipts and expenditures; annual report; monthly statements; accounting system

Massachusetts § 42K

Part IADMINISTRATION OF THE GOVERNMENT

Title XIIEDUCATION

Ch. 74VOCATIONAL EDUCATION

This text of Massachusetts § 42K (Receipts and expenditures; annual report; monthly statements; accounting system) 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. 74, § 42K (2026).

Text

Section 42K. A complete financial report covering all receipts and expenditures shall be made annually to the governor and the general court.  Monthly statements of receipts and expenditures shall be made to the state comptroller. The trustees shall see that there is maintained an accounting system as required by the state comptroller and the trustees may maintain such additional accounts as they deem necessary for the management of the college and the institute.

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Section 42K. A complete financial report covering all receipts and expenditures shall be made annually to the governor and the general court. Monthly statements of receipts and expenditures shall be made to the state comptroller. The trustees shall see that there is maintained an accounting system as required by the state comptroller and the trustees may maintain such additional accounts as they deem necessary for the management of the college and the institute.