Massachusetts General Laws ch. 147 sec. 47 – Distribution to towns of money received by commonwealth
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Section 47. The remainder of the sums received under section forty, after paying the expense to the commonwealth of administering sections thirty-two to forty-seven, inclusive, shall, annually on or before November first, be distributed by the state treasurer to the several towns in proportion to the amounts collected from licensees acting therein under said sections.
Terms Used In Massachusetts General Laws ch. 147 sec. 47
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.