94- 457 C.M.R. ch. 202, § 12
In the case of Major Business Expansion Projects, Energy Distribution System Projects or other projects that carry Authority credit enhancement (including loan insurance) or that require an allocation of State Bond Ceiling, real estate or stationary machinery or equipment constituting a significant portion of collateral for repayment of revenue obligation securities shall be located within the State. Mobile machinery or equipment, including vessels, constituting a significant portion of collateral for repayment of revenue obligation securities shall be registered with and taxed by the State or municipal authorities, if the State or municipal authorities register or tax machinery or equipment of a type similar to the collateral and shall be stored or berthed in the State when not in use. Other types of collateral constituting a significant portion of collateral for repayment of revenue obligation securities shall be owned by or provided for the benefit of a person or business association with a place of business in the State.
94- 457 C.M.R. ch. 202, § 12