Massachusetts Chapter 44 — Municipal Finance

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Mass. Gen. Laws ch. 44, § 1— Definitions
Mass. Gen. Laws ch. 44, § 2— Limitations and restrictions upon manner of incurring debt
Mass. Gen. Laws ch. 44, § 3— Computation of indebtedness
Mass. Gen. Laws ch. 44, § 4— Temporary loans in anticipation of revenue; conditions; limitations
Mass. Gen. Laws ch. 44, § 4A— Repealed, 1990, 210, Sec. 2
Mass. Gen. Laws ch. 44, § 4B— Expired. See 1976, 4, Sec. 33
Mass. Gen. Laws ch. 44, § 6— Power to incur debt for payment of land damages, altering grade crossings, and highway or traffic control expenditures
Mass. Gen. Laws ch. 44, § 6A— Power to borrow in anticipation of reimbursement by federal government or commonwealth
Mass. Gen. Laws ch. 44, § 7— Cities and towns; purposes for borrowing money within debt limit
Mass. Gen. Laws ch. 44, § 8— Cities and towns; purposes for borrowing money outside debt limit
Mass. Gen. Laws ch. 44, § 8A— Orders authorizing issuance of bonds; authentication
Mass. Gen. Laws ch. 44, § 8B— Cities and towns; right to replace lost funds deposited; liquidation or insolvency of depository bank
Mass. Gen. Laws ch. 44, § 8C— Cities and towns; acquisition of land for conservation or recreation purposes in anticipation of state or federal reimbursement of expense; temporary debt outside limit authorized
Mass. Gen. Laws ch. 44, § 9— Districts; right to borrow money; purposes; amount
Mass. Gen. Laws ch. 44, § 10— Debt limit
Mass. Gen. Laws ch. 44, § 11— Debt retirement; provision for earlier payment
Mass. Gen. Laws ch. 44, § 12— Repealed, 1946, 358, Sec. 16
Mass. Gen. Laws ch. 44, § 14— Liability for lawful debts
Mass. Gen. Laws ch. 44, § 15— Liability for legal debts contracted under special acts
Mass. Gen. Laws ch. 44, § 16— Issuance of bonds, notes and certificates of indebtedness; procedure; form; contracts with banking or financial institutions
Mass. Gen. Laws ch. 44, § 16A— Facsimile signature
Mass. Gen. Laws ch. 44, § 16B— Facsimile seal; validity
Mass. Gen. Laws ch. 44, § 16C— Repealed, 1984, 400, Sec. 3
Mass. Gen. Laws ch. 44, § 17— Temporary loans; refund; repayment
Mass. Gen. Laws ch. 44, § 17A— Repealed, 1992, 143, Sec. 3
Mass. Gen. Laws ch. 44, § 18— Discount of notes
Mass. Gen. Laws ch. 44, § 19— Issuance of notes payable on demand forbidden; procedure for repaying debts; time for making final payment
Mass. Gen. Laws ch. 44, § 19A— Inability to pay interest or principal of bonds, notes or certificates of indebtedness; notice; certification to state treasurer; payment by state treasurer
Mass. Gen. Laws ch. 44, § 20— Proceeds from sale of bonds; restrictions on use; disposition of premiums
Mass. Gen. Laws ch. 44, § 20A— Advances made in anticipation of proceeds
Mass. Gen. Laws ch. 44, § 21— Call and redemption prior to maturity
Mass. Gen. Laws ch. 44, § 21A— Refunding bonds; issuance; present values
Mass. Gen. Laws ch. 44, § 21B— Designation of tax credit bonds; sinking fund; sale of tax credit bonds; issuance of refunding bonds
Mass. Gen. Laws ch. 44, § 21C— Lease purchase financing agreements
Mass. Gen. Laws ch. 44, § 22— Rate of interest
Mass. Gen. Laws ch. 44, § 22A— Insurance, letters or lines of credit for bonds or notes; trust agreements
Mass. Gen. Laws ch. 44, § 22B— Bonds and notes; official statements; advertising; collateral tax consequences to social security recipients
Mass. Gen. Laws ch. 44, § 22C— Security for bonds or notes; insurance, letters or lines of credit, trust agreements
Mass. Gen. Laws ch. 44, § 23— Forms for notes
Mass. Gen. Laws ch. 44, § 24— Authentication; certification
Mass. Gen. Laws ch. 44, § 24A— Bearer instruments
Mass. Gen. Laws ch. 44, § 25— Repealed, 2016, 218, Sec. 70
Mass. Gen. Laws ch. 44, § 26— Repealed, 2010, 188, Sec. 35
Mass. Gen. Laws ch. 44, § 27— Certification; evidence of liability
Mass. Gen. Laws ch. 44, § 27A— Effect of provisions on power to issue notes
Mass. Gen. Laws ch. 44, § 28— Report to director of accounts required
Mass. Gen. Laws ch. 44, § 28A— Applicability of finance law to school districts
Mass. Gen. Laws ch. 44, § 28B— Applicability of finance law to planning districts
Mass. Gen. Laws ch. 44, § 28C— Management of solid waste; project costs; debt obligations
Mass. Gen. Laws ch. 44, § 29— Repealed, 1969, 849, Sec. 48; 1971, 766, Sec. 11
Mass. Gen. Laws ch. 44, § 30— Determination of amount of appropriation for departments
Mass. Gen. Laws ch. 44, § 31— Liabilities in excess of appropriations forbidden; exceptions
Mass. Gen. Laws ch. 44, § 31A— Report of estimated expenses; period covered; contents
Mass. Gen. Laws ch. 44, § 31B— Repealed, 1969, 505, Sec. 6
Mass. Gen. Laws ch. 44, § 31C— Construction contracts; certificate as to availability of funds; effect of certificate upon defense of insufficiency of appropriations
Mass. Gen. Laws ch. 44, § 31D— Snow and ice removal; emergency expenditures; reporting requirements
Mass. Gen. Laws ch. 44, § 32— Submission of city budget to city council; procedure for approval, rejection or alteration
Mass. Gen. Laws ch. 44, § 33— Power of council to add to appropriation; conditions; limitations
Mass. Gen. Laws ch. 44, § 33A— Salary provisions in budget; requirements and limitations
Mass. Gen. Laws ch. 44, § 33B— Transfer of appropriations; restrictions
Mass. Gen. Laws ch. 44, § 34— Repealed, 1969, 849, Sec. 48; 1971, 766, Sec. 11
Mass. Gen. Laws ch. 44, § 35— Audits of accounts; when conducted; governmental units to be considered districts; copy to be sent to chief executive officer; costs
Mass. Gen. Laws ch. 44, § 38— Uniformity of accounting classifications; standards; authority of director
Mass. Gen. Laws ch. 44, § 39— Results of audit; report to municipality
Mass. Gen. Laws ch. 44, § 40— Audit of accounts; frequency; reports
Mass. Gen. Laws ch. 44, § 41— Failure to meet minimum standards and methods of accounting; expenses of auditing; payment
Mass. Gen. Laws ch. 44, § 42— Audits by private accountants; required reports
Mass. Gen. Laws ch. 44, § 42A— Pilot program for audits of public functions of city, town, county, etc. where irregularities or illegal acts are suspected; establishment
Mass. Gen. Laws ch. 44, § 43— Accounting reports; returns; forms
Mass. Gen. Laws ch. 44, § 44— Reports of municipal statistics; publication
Mass. Gen. Laws ch. 44, § 45— Powers of director; attendance of witnesses; production of books and documents
Mass. Gen. Laws ch. 44, § 46— Repealed, 2016, 218, Sec. 82
Mass. Gen. Laws ch. 44, § 46A— Powers of director; investigation of municipal affairs
Mass. Gen. Laws ch. 44, § 47— Right to establish or use
Mass. Gen. Laws ch. 44, § 48— Sinking fund commissioners; powers and duties; records; compensation
Mass. Gen. Laws ch. 44, § 49— Issuance of new bonds
Mass. Gen. Laws ch. 44, § 50— Repealed, 1921, 486, Sec. 12
Mass. Gen. Laws ch. 44, § 51— Repealed, 1938, 458
Mass. Gen. Laws ch. 44, § 52— Issuance of bonds in exchange for bearer instruments
Mass. Gen. Laws ch. 44, § 53— City, town or district funds; use and disposition
Mass. Gen. Laws ch. 44, § 53A— Grants and gifts; acceptance and expenditure
Mass. Gen. Laws ch. 44, § 53B— Contributions by commonwealth; application to indebtedness
Mass. Gen. Laws ch. 44, § 53C— Deposit and expenditure of compensation for off-duty or special detail work; appropriation for special fund; fee
Mass. Gen. Laws ch. 44, § 53D— Recreation and park self-supporting service revolving funds; creation; authorized use of funds; annual report; revocation of provisions
Mass. Gen. Laws ch. 44, § 53E— Agencies, boards, etc.; annual operating costs; offset by estimated receipts of user fees
Mass. Gen. Laws ch. 44, § 53F— Deposits of public funds in banking institutions in return for banking services
Mass. Gen. Laws ch. 44, § 53G— Employment of outside consultants
Mass. Gen. Laws ch. 44, § 53H— Rebate to federal government to exclude interest paid on bonds from gross income
Mass. Gen. Laws ch. 44, § 53I— Settlement or incorporation celebrations; special fund
Mass. Gen. Laws ch. 44, § 53J— Reservation of revenues from betterments or special assessments to repay debt issued in connection to such improvements
Mass. Gen. Laws ch. 44, § 53K— Establishment of revenue account
Mass. Gen. Laws ch. 44, § 54— Investment of trust funds
Mass. Gen. Laws ch. 44, § 55— Public funds on deposit; limitations; investments
Mass. Gen. Laws ch. 44, § 55A— Liability of depositor for losses due to bankruptcy
Mass. Gen. Laws ch. 44, § 55B— Investment of public funds
Mass. Gen. Laws ch. 44, § 55C— Municipal Affordable Housing Trust Fund
Mass. Gen. Laws ch. 44, § 56— Towns; fiscal year
Mass. Gen. Laws ch. 44, § 56A— Cities; fiscal year
Mass. Gen. Laws ch. 44, § 57— Taxation; interest on debts incurred in aid of a railroad
Mass. Gen. Laws ch. 44, § 58— Cities and towns; limitation on purchasing powers
Mass. Gen. Laws ch. 44, § 59— Enforcement of chapter
Mass. Gen. Laws ch. 44, § 60— Penalty for violation of law controlling handling of town and district notes
Mass. Gen. Laws ch. 44, § 61— Penalty for refusal to issue bond in exchange for bearer instruments in sinking funds
Mass. Gen. Laws ch. 44, § 62— Penalty for violation of provisions of chapter by officials
Mass. Gen. Laws ch. 44, § 63— Sale or other disposal of realty; disposition of proceeds
Mass. Gen. Laws ch. 44, § 63A— Sales of public land; payment of taxes
Mass. Gen. Laws ch. 44, § 64— Payment of bills incurred in excess of appropriations
Mass. Gen. Laws ch. 44, § 65— Vacation pay; advances to employees
Mass. Gen. Laws ch. 44, § 66— Advances to public employees
Mass. Gen. Laws ch. 44, § 67— Deferred compensation program for employees; authorized investments; requisites; limitations
Mass. Gen. Laws ch. 44, § 67A— Employee individual retirement accounts
Mass. Gen. Laws ch. 44, § 68— Retroactive salary increases
Mass. Gen. Laws ch. 44, § 69— Municipal or district services, fees or charges; insufficient funds checks or electronic funds transfers; penalty
Mass. Gen. Laws ch. 44, § 70— Payment for municipal programs, services, and activities; federal government reimbursements and other resources
Mass. Gen. Laws ch. 44, § 71— Contracts for revenue raising activities; regulations and guidelines; negotiation
Mass. Gen. Laws ch. 44, § 72— Federal funds for reimbursable medical expenses; distribution
Mass. Gen. Laws ch. 44, § 73— Requests for proposals for design and construction services in public-private partnership development agreement seeking assistance under chapter 29C; technical assistance from public-private partnership infrastructure oversight commission