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November 21, 2024 Clouds | 46°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title III LAWS RELATING TO STATE OFFICERS
  4. Chapter 29 STATE FINANCE
  5. Section 45 Securities purchased for sinking funds

Section 45

Section 45: Securities purchased for sinking funds

Section 45. No securities shall hereafter be purchased for any sinking fund which do not mature on or prior to the maturity date of the indebtedness on account of which said sinking fund was established.