1974 Chap. 0847. aries, and all other persons whatsoever who are now or may hereafter be authorized to invest in bonds or other obligations of the commonwealth may properly and legally invest funds, including capital in their control or belonging to them. Such bonds and notes are hereby made securities which may properly legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the commonwealth for any purpose for which the deposit of bonds or other obligations of the commonwealth now or may hereafter be authorized by law. Section 14. Advisory Committee. To assist the Mhmfa in the discharge of its duties, the Massachusetts Housing Finance Agency Advisory Committee shall assist the Mhmfa and its staff in formulating policies and procedures dealing with programs to accomplish the purposes of this act. Members of the Massachusetts Housing Finance Agency advisory committee shall receive no compensation. They shall not be subject to the provisions of chapter thirty-one or chapter two hundred and sixty-eight of the General Laws. Section 15. Annual Report. The Mhmfa shall annually submit to the governor, the chairman of the senate committee on ways and means, the chairman of the house committee on ways and means, the commissioner of administration, and the comptroller within ninety days after the end of its fiscal year, complete and detailed report setting forth: (a) its operations and accomplishments; (b) its receipts and expenditures during such fiscal year in accordance with the categories and classifications established by the Mhmfa for its operating and capital outlay purposes; (c) its assets and liabilities at the end of its fiscal year, including schedule of its loans, commitments, insurance in force and the status of reserve, special, or other funds, and (d) schedule of its bonds and notes outstanding at the end of its fiscal year, together with statement of the amounts redeemed and incurred during such fiscal year. Section 16. Inspection of Books and Records. The books and records of the Mhmfa shall be subject to an annual audit by the auditor of the commonwealth. Section 17. Liberal Construction. This act, being necessary for the welfare of the commonwealth and its inhabitants, shall be liberally construed to effect the purposes thereof. Section 18. Severability. The provisions of this act are severable, and if any of its provisions shall be held unconstitutional by any court of competent jurisdiction, the decision of such court shall not affect or impair any of the remaining provisions. Approved August 14,1974. Emergency Letter September 17, 1974 at 4:52 P.m. Chap. 0847. An Act Regulating The Conversion Of Certain Apartment Buildings In The City Of Newton.
| Title: | 1974 Chap. 0847. aries, and all other persons whatsoever who are now or may hereafter be authorized to invest in bonds or other obligations of the commonwealth may properly and legally invest funds, including capital in their control or belonging to them. Such bonds and notes are hereby made securities which may properly legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the commonwealth for any purpose for which the deposit of bonds or other obligations of the commonwealth now or may hereafter be authorized by law. Section 14. Advisory Committee. To assist the Mhmfa in the discharge of its duties, the Massachusetts Housing Finance Agency Advisory Committee shall assist the Mhmfa and its staff in formulating policies and procedures dealing with programs to accomplish the purposes of this act. Members of the Massachusetts Housing Finance Agency advisory committee shall receive no compensation. They shall not be subject to the provisions of chapter thirty-one or chapter two hundred and sixty-eight of the General Laws. Section 15. Annual Report. The Mhmfa shall annually submit to the governor, the chairman of the senate committee on ways and means, the chairman of the house committee on ways and means, the commissioner of administration, and the comptroller within ninety days after the end of its fiscal year, complete and detailed report setting forth: (a) its operations and accomplishments; (b) its receipts and expenditures during such fiscal year in accordance with the categories and classifications established by the Mhmfa for its operating and capital outlay purposes; (c) its assets and liabilities at the end of its fiscal year, including schedule of its loans, commitments, insurance in force and the status of reserve, special, or other funds, and (d) schedule of its bonds and notes outstanding at the end of its fiscal year, together with statement of the amounts redeemed and incurred during such fiscal year. Section 16. Inspection of Books and Records. The books and records of the Mhmfa shall be subject to an annual audit by the auditor of the commonwealth. Section 17. Liberal Construction. This act, being necessary for the welfare of the commonwealth and its inhabitants, shall be liberally construed to effect the purposes thereof. Section 18. Severability. The provisions of this act are severable, and if any of its provisions shall be held unconstitutional by any court of competent jurisdiction, the decision of such court shall not affect or impair any of the remaining provisions. Approved August 14,1974. Emergency Letter September 17, 1974 at 4:52 P.m. Chap. 0847. An Act Regulating The Conversion Of Certain Apartment Buildings In The City Of Newton. |
| Author: | Massachusetts. |
| Description: |
Imprint varies. Vols. for 1915-19 published in 2 v.: General acts; Special acts. Vols. for some years issued in parts. Separate vols. issued for extra session, 1916, and for extra session, 1933. Vol. 12 (May 1831-Mar. 1833) in Jan. session, 1833; Jan. 1834-Apr. 1836 in vol. for extra session 1835/Jan. session 1836; May 1824-Mar. 1828; June 1828-June 1831, Jan. 1832-Apr. 1834, Jan. 1835-Apr. 1838, each bound with corresponding vol. Resolves issued separately, 1780-1838. |
| URI: | http://hdl.handle.net/2452/34586 |
| Date: | 1663 |
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1974 [859]