Mass. Gen. Laws ch. 40N § 15

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session

Section 40N:15 - Moneys received deemed to be trust funds

All moneys received pursuant to the provisions of this chapter, whether as proceeds from the issue of bonds or as revenues or otherwise, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.

Mass. Gen. Laws ch. 40N, § 15