Chapter 23G - THE MASSACHUSETTS DEVELOPMENT FINANCE AGENCY

Section 23G:1 - [Effective Until 2/18/2025] Definitions
Section 23G:1 - [Effective 2/18/2025] Definitions
Section 23G:2 - [Effective Until 2/18/2025] Creation; directors, officers and employees; termination; trade secrets
Section 23G:2 - [Effective 2/18/2025] Creation; directors, officers and employees; termination; trade secrets
Section 23G:3 - Powers
Section 23G:4 - Development Finance Insurance Fund
Section 23G:5 - Insurance or reinsurance of loans; rates; approval of loan
Section 23G:6 - Massachusetts Expert Development Fund
Section 23G:7 - Massachusetts export development program; insurance, co-insurance and loan guarantees
Section 23G:8 - Issuance of bonds; bond reserve fund
Section 23G:9 - Investment in bonds by public officers, public bodies, insurance or banking institutions
Section 23G:10 - Audit
Section 23G:11 - Marine seafood processing revolving loan fund; separate accounts
Section 23G:12 - Marine Seafood Processing Revolving Loan Fund; rules and regulations advisory council; loan authorization
Section 23G:13 - Grant and approval of loans
Section 23G:14 - Acquisition of lands
Section 23G:15 - Conveyance of land to agency or Boston redevelopment authority
Section 23G:16 - Acquisition of surplus or blighted lands; redevelopment or incubator development plans; approval
Section 23G:16A - Designations; walking track; tennis courts
Section 23G:16B - Borrowing of money
Section 23G:16C - Taking of land by eminent domain
Section 23G:17 - Disposition of lands; valuation
Section 23G:18 - Government Land Bank Fund
Section 23G:18A - Liability for payment of bonds issued under prior act
Section 23G:19 - Grants; financing transactions; approval of applications
Section 23G:20 - Small business incubator facilities; location restriction
Section 23G:21 - Application requirements for incubator development plan, loans or grants
Section 23G:22 - Application approval; requirements by incubator sponsor
Section 23G:23 - Incubator facilities; tenant businesses; time limitation
Section 23G:24 - Authorization to borrow; issuance of bonds and notes
Section 23G:25 - Issuance and sale of bonds
Section 23G:26 - Contract assistance for debt service obligations
Section 23G:27 - Emergency Technology Fund
Section 23G:28 - Advisory committee; membership; terms; quorum; reimbursement for expenses
Section 23G:29 - Debt obligations
Section 23G:29A - Brownfields Redevelopment Fund; Brownfields advisory group; annual report
Section 23G:30 - Accounts of receipts and expenditures; annual report
Section 23G:31 - Rents and charges for services or facilities furnished or supplied by agency
Section 23G:32 - Liability in contract or tort
Section 23G:33 - Exemption from taxation
Section 23G:34 - Annual report
Section 23G:35 - Building projects; contracting or incurring obligations for project design or construction
Section 23G:36 - Interests in land, mortgages, liens and security interests; transfer upon termination of agency
Section 23G:37 - Monies credited to Government Land Bank Fund; reversion upon termination of agency
Section 23G:38 - Books, papers, records, documents and equipment; transfer upon termination of agency
Section 23G:39 - Agreements, contracts, leases and other obligations; performance and enforcement upon termination of agency
Section 23G:40 - Proceedings and prosecutions pending upon termination of agency
Section 23G:41 - Incubator Program Fund
Section 23G:42 - Massachusetts Cultural Facilities Fund
Section 23G:43 - Regional tourism facilities board; members; review of applications for grant and loans
Section 23G:44 - Laws to which agency subject
Section 23G:45 - Commonwealth advanced manufacturing futures program; grants and loans; performance evaluations; reports
Section 23G:46 - Transformative Development Fund
Section 23G:47 - Maritime piers repair and rehabilitation program
Section 23G:48 - [Effective 2/18/2025] Growth capital division
Section 23G:49 - [Effective 2/18/2025] Economic stabilization program