Mass. Gen. Laws ch. 44A § 11A

Current through Chapter 223 of the 2024 Legislative Session
Section 44A:11A - Covenants contained in proceedings authorizing issuance of bonds

The proceedings of the city or town authorizing the issuance of qualified bonds may contain such covenants and provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper and not in violation of law, including covenants restricting the issuance of additional qualified bonds.

Mass. Gen. Laws ch. 44A, § 11A