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Session Laws

1993

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CHAPTER 234 AN ACT AUTHORIZING THE TOWN OF OAK BLUFFS TO ESTABLISH A CERTAIN RESERVE FUND.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

Notwithstanding the provisions of section fifty-four of chapter forty-four of the General Laws, the town of Oak Bluffs may establish in the town treasury a reserve fund which shall be kept separate and apart from all other monies by the town treasurer and in which shall be deposited all monies received from the provision of ambulance services until sufficient monies are deposited to allow for the purchase of an ambulance and in each year after such purchase until twelve thousand dollars has been accumulated for future purchases. Any such purchases shall be made by the board of selectmen without further appropriation.

Approved November 15, 1993.