Chapter 15C - MASSACHUSETTS COLLEGE STUDENT LOAN AUTHORITY
- Section 15C:1 - Policy and purpose
- Section 15C:2 - Short title
- Section 15C:3 - Definitions
- Section 15C:4 - Massachusetts educational financing authority; members; terms; meetings; surety bond; conflict of interest
- Section 15C:5 - Purpose of authority; powers
- Section 15C:5A - College opportunity bonds; issuance; redemption; tuition agreements
- Section 15C:5B - Powers and duties of authority
- Section 15C:5C - Comprehensive state-supported supplemental education loan program; development
- Section 15C:6 - Payment of expenses
- Section 15C:7 - Guidelines for deposits of monies, endowments, etc.; default reserve fund
- Section 15C:8 - Conveyance of assets comprising loan funding deposits
- Section 15C:9 - Negotiable notes; issuance; terms or conditions
- Section 15C:10 - Revenue bonds, notes, etc.; issuance; authorization by resolution; resolution provisions; liability
- Section 15C:11 - Trust agreements as security for revenue bonds or notes; provisions of trust agreements
- Section 15C:12 - Payment of bonds or notes; liability of commonwealth
- Section 15C:13 - Fees; contracts; pledge of revenues; sinking fund
- Section 15C:14 - Monies received; Trust Funds
- Section 15C:14A - State colleges and universities participation fund
- Section 15C:14B - College opportunity fund; purposes; pledges
- Section 15C:15 - Holders of revenue bonds, notes, etc., and trustees; enforcement of rights; compelling performance of duties of authority
- Section 15C:16 - Exercise of powers for benefit of commonwealth; tax exempt status
- Section 15C:17 - Refunding of outstanding revenue bonds or notes; additional loans; investment and reinvestment of proceeds
- Section 15C:18 - Investment of funds by authority
- Section 15C:19 - Bonds as investment securities
- Section 15C:20 - Report of authority; audit
- Section 15C:21 - Powers of participating higher education institutions; interest rates
- Section 15C:22 - Employees; social security; security interests in revenues and receipts; priority
- Section 15C:22A - Civil actions; liability, losses, expenses; insurance; limitation of actions
- Section 15C:23 - Powers granted supplemental and additional to other laws; supervision or regulation of powers
- Section 15C:24 - New England education loan marketing corporation as separate entity
- Section 15C:25 - Construction of law
- Section 15C:26 - Bankruptcy of borrower
- Section 15C:27 - Rights and properties of authority upon dissolution, liquidation or other termination
- Section 15C:28 - Severability
- Section 15C:29 - Achieving a better life experience program (ABLE) account; qualified disability expenses; annual report