Any city or town having a municipal light plant shall appropriate any income from the investment or deposit of proceeds of bonds or notes of said plant issued under or subject to the provisions of chapter forty-four solely for the purposes of said municipal lighting plant.
Mass. Gen. Laws ch. 164, § 57B
Income from investment or deposit of proceeds of municipal bonds or notes issued for gas or electrical purposes
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.