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Massachusetts General Laws > Part I > Title III > Chapter 29 > § 55 - Sale of bonds, etc.; expenditures

Section 55. The state treasurer may annually expend such sums as the general court shall appropriate for the purpose of providing for and advertising sales of bonds for the direct debt of the commonwealth and for the purpose of preparing and paying for bond books necessary for such sales. But, when bonds of the commonwealth are issued, the payment of which is provided by assessments upon the metropolitan or other districts, the expenses of providing for and advertising sales and for the preparing and paying for bond books shall be paid from the maintenance appropriation of the district from which the assessment is to be received.

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Questions & Answers: Finance

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Massachusetts Laws: Finance